A sprawling business under reorganization Founded in 1999 by Jack Ma, Alibaba Group Holding (NYSE: BABA; HKEX: 9988) remains a pillar of China's new economy. Since the March 2023 restructuring, the group operates through six segments: domestic e-commerce (Taobao and Tmall Group), international (AliExpress, Lazada, Trendyol), cloud computing (Alibaba Cloud), logistics (Cainiao), local services (Ele, Amap), and media and entertainment (Youku, Alibaba Pictures). The architecture