Alibaba Group Holding Limited, (also known as Alibaba Group and as Alibaba), is a Chinese multinational conglomerate holding company specializing in e-commerce, retail, Internet, and technology. Founded on 4 April 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. It owns and operates a diverse array of businesses around the world in numerous sectors, and is named as one of the world's most admired companies by Fortune.^[3][4]

At closing time on the date of its initial public offering (IPO) – US$25 billion – the world's highest in history, 19 September 2014, Alibaba's market value was US$231 billion.^[5] As of 19 December 2018, Alibaba's market cap stood at US$352.28 billion.^[6] It is one of the top 10 most valuable and is the 59th biggest public companies in the world by Global 2000 list.^[7] In January 2018, Alibaba became the second Asian company to break the US$500 billion valuation mark, after its competitor Tencent.^[8] As of 2018, Alibaba has the 9th highest global brand value.^[9]

Alibaba is the world's largest retailer and e-commerce company, one of the largest Internet and artificial intelligence companies, one of the biggest venture capital firms, and one of the biggest investment corporations in the world.^{[10][11][12][13]} The company hosts the largest B2B (Alibaba.com), C2C (Taobao), and B2C (Tmall) marketplaces in the world.^[14][15] Its online sales and profits surpassed all US retailers (including Walmart, Amazon, and eBay) combined since 2015.^[16] It has been expanding into the media industry, with revenues rising by triple percentage points year on year.^[17][18] It also sets the record on the 2018 edition of China's Singles' Day, the world's biggest online and offline shopping day.^[19][20][21]

 

IT WAS ALL DUE TO THE INTERNET ECOMONY 

SO MALAYSIA NFCP RM50.3 BILLIONS MIGHT THROW UP SOME FUTURE "ALIBABAS"?

WILL THERE BE ONE? OR JUST ONE TENTH PF ALIBABA SIZE WILL MAKE YOU A MULTI BILLIONAIRE ALREADY

 

RM50.3 BILLIONS FOR NFCP FIBERISATION THRUST IS A LOT OF MONEY

WHERE MONEY FLOWS THERE IS ECONOMIC GROWTH & PROSPERITY

NOW RM50.3 BILLIONS IS SLOSHING INTO THE DIGITAL STOCK COMPANIES VERY SOON

 

YES! WHERE WATER FLOWS THERE IS ABUNDANT LIFE LIKE THE AMAZON FOREST

 

A VERY APT NAME IS "AMAZON" BY JEFF BEZOS - THE CURRENT WORLD RICHEST MAN

SEE

Amazon River

The Amazon River (UK: /ˈæməzən/, US: /ˈæməzɒn/; Spanish and Portuguese: Amazonas) in South America is the largest river by discharge volume of water in the world, and by some definitions it is the longest.^{[2][6][n 2]}

The headwaters of the Apurímac River on Nevado Mismi had been considered for nearly a century as the Amazon's most distant source, until a 2014 study found it to be the headwaters of the Mantaro River on the Cordillera Rumi Cruz in Peru.^[12] The Mantaro and Apurímac join, and with other tributaries form the Ucayali River, which in turn meets the Marañón River upstream of Iquitos, Peru, to form what countries other than Brazil consider to be the main stem of the Amazon. Brazilians call this section the Solimões River above its confluence with the Rio Negro^[13] to form what Brazilians call the Amazon at the Meeting of Waters (Portuguese: Encontro das Águas) at Manaus, the largest city on the river.

At an average discharge of about 209,000 cubic metres per second (7,400,000 cu ft/s; 209,000,000 L/s; 55,000,000 USgal/s)—approximately 6,591 cubic kilometres per annum (1,581 cu mi/a), greater than the next seven largest independent rivers combined—the Amazon represents 20% of the global riverine discharge to the ocean.^[14] The Amazon basin is the largest drainage basin in the world, with an area of approximately 7,050,000 square kilometres (2,720,000 sq mi). The portion of the river's drainage basin in Brazil alone is larger than any other river's basin. The Amazon enters Brazil with only one-fifth of the flow it finally discharges into the Atlantic Ocean, yet already has a greater flow at this point than the discharge of any other river.^[15][16]

 

Now read these posts very very very carefully

 

 

 

 

 

 

 

 

 

 

 

 

 

The above is reposted from Netx Forum Please go there and see the Most Exciting Forum for the Next 5 Years

 

BEST REGARDS

 

Calvin Tan Research

 

 

Please buy or sell after doing your own due diligence

 

OGSE BULL RUN STARTED BY PETRONAS RM30 BILLION CAPEX FOR UPSTREAM O&G STOCKS

 

 

NFCP BULL RUN WILL BE EVEN MORE POWERFUL AT RM50.3 BILLIONS CASH INFUSION BY MALAYSIAN GOVERNMENT FIBERISATION THRUST

FIBER OPTIC UPSTREAM PLAYERS WILL GO INTO A MULTI 5 YEAR MARATHON BULL RUN SOON

GET ON BOARD NOW!!!