Alibaba Group

Alibaba Group is a leading global e-commerce and technology company based in Hangzhou, China, founded in 1999. It operates a diverse range of online and mobile commerce platforms, including Taobao, Tmall, and AliExpress, catering to both consumers and businesses. The company is structured into four main segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives. In addition to its marketplaces, Alibaba provides logistics services through Cainiao, digital payment solutions via Alipay, and various cloud services encompassing data management and analytics. The company also engages in digital content through platforms like Youku and Alibaba Pictures, while offering tools for business efficiency, such as DingTalk and Amap. Alibaba's extensive ecosystem connects consumers, merchants, and service providers, facilitating seamless transactions and enhancing operational efficiencies across its platforms.

Jianhang Jin

Co-Founder and President

Jet Jing

Vice President

Tony Park

Senior Director, Head of International Business

Amy Young

US Investment Associate

Past deals in Shopping

Cabana

Series A in 2022
Operator of a middle-to-high-end modern furniture store with multi-brand collections in China. The company is China's first channel brand dedicated to providing Chinese consumers with easy access of European-style furnitures, designer luminaire, and other lifestyle products, aiming to connect the general public with high-quality home products from emerging designers.

KNOWIN Trend Lab

Venture Round in 2021
Knowin is a vertical community e-commerce platform for sports categories dedicated to creating a trendy fashion space for young people.

T11 Food Market

Series B in 2021
T11 Food Market offers grocery stores.

Xiaohongshu

Series E in 2021
Xiaohongshu is a young lifestyle sharing platform to share positive energy and good life through the sharing of text, pictures and video. Xiaohongshu offers an overseas shopping tip app. Xiaohongshu started its business by helping overseas travelers to draft a shopping list before they hit the roads. But with the aggregation of more UGC contents, the service is transforming into a community for those who are passionate about fashion and shopping and want to know more about these fields even though they do not have overseas traveling plans on their schedules.

Carzone

Series D in 2021
Jiangsu Kangzhong Shiye Investment operates a retail chain, Carzone, that deals in and retails automotive post-market parts. The company was founded in 1995 and is based in Nanjing, China.

AliExpress Russia

Funding Round in 2021
AliExpress Russia is a leading cross-border and domestic e-commerce platform in Russia.

Trendyol

Corporate Round in 2021
Trendyol is a leading e-commerce platform based in Istanbul, Turkey, specializing in retailing fashion products across the country and the MENA region. Founded in 2010, the company offers a wide range of products, including clothing for women, men, and children, as well as shoes, bags, accessories, cosmetics, and home decor. Trendyol stands out as the largest mobile commerce company in Turkey, selling over 70 million items annually. With a workforce of approximately 2,000 employees, it has become the largest internet employer in the country. In 2018, Trendyol formed a strategic partnership with Alibaba Group, marking a significant investment in Turkey's internet sector. The company aims to enhance customer experience through technology, allowing consumers to purchase products conveniently and efficiently.

Nice Tuan

Series C in 2020
Nice Tuan is an e-commerce platform that specializes in providing daily groceries and a variety of household products. The company collaborates with local residential communities to source items from nearby warehouses and producers, ensuring a wide selection of fresh produce and essential goods for residents. By focusing on creating a convenient and efficient community e-commerce ecosystem, Nice Tuan aims to enhance the shopping experience for local consumers while supporting local suppliers.

Farfetch

Convertible Note in 2020
Farfetch operates an online luxury fashion retail platform that connects various independent boutiques worldwide. Founded in 2008 by Jose Neves and headquartered in London, the company offers a wide range of products, including bags, coats, dresses, jackets, jewelry, swimwear, trousers, shoes, knitwear, suits, shorts, and accessories for women, men, and children. Farfetch's modular technology platform is designed to meet the complex needs of consumers and luxury sellers, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. Additionally, Farfetch has a dedicated division, Farfetch China, which focuses on enhancing connections within the luxury fashion industry in that market.

Farfetch

Corporate Round in 2020
Farfetch operates an online luxury fashion retail platform that connects various independent boutiques worldwide. Founded in 2008 by Jose Neves and headquartered in London, the company offers a wide range of products, including bags, coats, dresses, jackets, jewelry, swimwear, trousers, shoes, knitwear, suits, shorts, and accessories for women, men, and children. Farfetch's modular technology platform is designed to meet the complex needs of consumers and luxury sellers, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. Additionally, Farfetch has a dedicated division, Farfetch China, which focuses on enhancing connections within the luxury fashion industry in that market.

Avolta

Post in 2020
Dufry AG is a global travel retailer headquartered in Basel, Switzerland, operating approximately 2,400 duty-free and duty-paid shops in 65 countries. The company offers a variety of store concepts, including general travel retail shops and specialized boutiques under brands such as Dufry, World Duty Free, and Hudson. Its product range encompasses perfumes, cosmetics, food, wines, spirits, jewelry, fashion, tobacco, souvenirs, electronics, and travel accessories, catering to the diverse needs of travelers. Dufry strategically positions its stores at airports, cruise liners, seaports, railway stations, and downtown tourist areas, capitalizing on locations with captive audiences. Founded in 1865, Dufry combines extensive industry experience with a focus on enhancing the travel retail experience for consumers.

Sun Art Retail Group

Acquisition in 2020
Sun Art Retail Group is a prominent retail company based in Hong Kong, specializing in hypermarkets and e-commerce in China. It operates under two well-known brands, Auchan and RT-Mart. As of December 2019, the company managed 486 outlets across 232 cities, encompassing a gross floor area of approximately 13 million square meters in 29 provinces, autonomous regions, and municipalities. Founded in 1998, Sun Art focuses on enhancing its hypermarket complexes, exploring various retail formats, and advancing its digital transformation efforts. Additionally, it provides consulting, investment, wholesaling, and retailing services, positioning itself as a key player in the evolving retail landscape of China.

BigBasket

Debt Financing in 2020
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

BigBasket

Venture Round in 2020
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

Nice Tuan

Series B in 2020
Nice Tuan is an e-commerce platform that specializes in providing daily groceries and a variety of household products. The company collaborates with local residential communities to source items from nearby warehouses and producers, ensuring a wide selection of fresh produce and essential goods for residents. By focusing on creating a convenient and efficient community e-commerce ecosystem, Nice Tuan aims to enhance the shopping experience for local consumers while supporting local suppliers.

Kaola

Acquisition in 2019
Kaola is a cross-border e-commerce platform that provides consumers with access to over 9,000 brands from 80 countries, offering a diverse range of products including apparel, maternity and infant care, household appliances, and personal care items. The company focuses on ensuring the quality of its goods through direct supply chains and has implemented a robust system for competitive pricing, including heavy bulk purchases. Kaola operates under a self-stocked model that includes government supervision and guarantees a 30-day worry-free after-sales service. Additionally, it collaborates with customs and bonded areas to facilitate efficient electronic customs clearance, ensuring timely delivery of orders within 3 to 15 business days. The platform supports various payment methods, including Netease, Alipay, online banking, and credit cards, simplifying the purchasing process for customers.

BigBasket

Series F in 2019
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

ShenGong007

Series C in 2018
Shengong007 is a home decoration service platform that specializes in providing home improvement products and services to consumers. The company offers a range of solutions, including home repair, renovation, and furnishing services, delivered by trained professionals. This approach enables consumers to conveniently enhance and transform their living spaces, making home improvements more accessible and efficient.

1919

Post in 2018
1919 Wines & Spirits Platform Technology Co., Ltd. engages in the online-to-offline retail of alcohol. It also offers wine and beverage e-commerce platform in China and offers booking and ordering services. The company was founded in 2010 and is based in Chengdu, China.

YCloset

Corporate Round in 2018
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.

OpenSky

Acquisition in 2018
OpenSky Project, Inc. operates an online marketplace that connects merchants and shoppers, enabling users to shop and share a wide range of branded products across categories such as jewelry, home goods, beauty, apparel, electronics, and more. Founded in 2009 and headquartered in New York, the company has additional offices in various U.S. cities and in Romania. OpenSky aims to empower entrepreneurs by providing simple technology that enhances global trade, allowing small businesses to thrive. The platform also emphasizes social commerce, making transactions more immediate and interconnected. As a subsidiary of Alibaba Group, OpenSky plays a significant role in facilitating trade for hundreds of thousands of businesses, contributing to substantial annual sales. The company has been recognized for its innovative approach, appearing on notable lists such as Fast Company's World's 50 Most Innovative Companies and Forbes' America's Most Promising Companies.

Suning.com

Series A in 2018
Suning.com is an online shopping website that sells clothing, snacks, electronic devices, and appliances. The company also integrates smart retail, full category operations, omni-channel operations, logistics, global expansion, and financial cloud services to allow one-stop shopping solutions through physical stores, mobile devices, PCs, and TVs.

Haoshiqi

Series C in 2018
Haoshiqi is an E-commerce platform.

Trendyol

Acquisition in 2018
Trendyol is a leading e-commerce platform based in Istanbul, Turkey, specializing in retailing fashion products across the country and the MENA region. Founded in 2010, the company offers a wide range of products, including clothing for women, men, and children, as well as shoes, bags, accessories, cosmetics, and home decor. Trendyol stands out as the largest mobile commerce company in Turkey, selling over 70 million items annually. With a workforce of approximately 2,000 employees, it has become the largest internet employer in the country. In 2018, Trendyol formed a strategic partnership with Alibaba Group, marking a significant investment in Turkey's internet sector. The company aims to enhance customer experience through technology, allowing consumers to purchase products conveniently and efficiently.

Paytm Mall

Venture Round in 2018
Paytm Mall, operated by Paytm E-Commerce Pvt. Ltd, is an online shopping platform based in New Delhi, India. Established in 2016, it serves as the e-commerce division of the Paytm brand, which is a subsidiary of One97 Communications Limited. The platform offers a diverse range of products, including fashion, electronics, consumer durables, and home furnishings, catering to both domestic and international markets. Customers can conveniently purchase items at discounted rates, enhancing their shopping experience from the comfort of their homes.

Xiaohongshu

Series D in 2018
Xiaohongshu is a young lifestyle sharing platform to share positive energy and good life through the sharing of text, pictures and video. Xiaohongshu offers an overseas shopping tip app. Xiaohongshu started its business by helping overseas travelers to draft a shopping list before they hit the roads. But with the aggregation of more UGC contents, the service is transforming into a community for those who are passionate about fashion and shopping and want to know more about these fields even though they do not have overseas traveling plans on their schedules.

ORDRE

Corporate Round in 2018
ORDRE is a global online wholesale platform for the ready-to-wear fashion industry. It has been established by The Lock Group who are 25-year innovators in the business of fashion. The ORDRE platform presents Designer Portfolio seasonal collections in online showrooms to an invitation only Retail Network and allows wholesale orders to be placed and managed through sophisticated yet easy to use technology.

Daraz.pk

Corporate Round in 2018
Daraz.pk is a leading eCommerce platform in Pakistan, specializing in fashion and lifestyle products. It offers a wide range of items, including clothing, footwear, accessories, and home appliances, catering to diverse customer preferences. The platform aims to enhance the online shopping experience by providing a user-friendly interface, responsive customer support, and efficient delivery services, including cash on delivery and free shipping for orders over a specific amount. Daraz.pk is committed to convenience, allowing customers to shop from the comfort of their homes, regardless of their location. The platform also features gift cards and international shipping options, enabling customers to send packages worldwide. Since its launch, Daraz.pk has rapidly gained popularity and established a unique identity in the online retail sector.

Daraz.pk

Acquisition in 2018
Daraz.pk is a leading eCommerce platform in Pakistan, specializing in fashion and lifestyle products. It offers a wide range of items, including clothing, footwear, accessories, and home appliances, catering to diverse customer preferences. The platform aims to enhance the online shopping experience by providing a user-friendly interface, responsive customer support, and efficient delivery services, including cash on delivery and free shipping for orders over a specific amount. Daraz.pk is committed to convenience, allowing customers to shop from the comfort of their homes, regardless of their location. The platform also features gift cards and international shipping options, enabling customers to send packages worldwide. Since its launch, Daraz.pk has rapidly gained popularity and established a unique identity in the online retail sector.

Ganjie

Series A in 2018
Ganjie.com is a Hangzhou-based rural e-commerce platform, which is committed to popularizing and promoting e-commerce service in Chinese rural areas.

BigBasket

Series E in 2018
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.
Sun Art Retail Group is a prominent retail company based in Hong Kong, specializing in hypermarkets and e-commerce in China. It operates under two well-known brands, Auchan and RT-Mart. As of December 2019, the company managed 486 outlets across 232 cities, encompassing a gross floor area of approximately 13 million square meters in 29 provinces, autonomous regions, and municipalities. Founded in 1998, Sun Art focuses on enhancing its hypermarket complexes, exploring various retail formats, and advancing its digital transformation efforts. Additionally, it provides consulting, investment, wholesaling, and retailing services, positioning itself as a key player in the evolving retail landscape of China.

BigBasket

Venture Round in 2017
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

BigBasket

Series E in 2017
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

Yiguo.com

Series D in 2017
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.

Lianhua Supermarket

Post in 2017
Lianhua Supermarket Holdings Co., Ltd. operates a network of supermarkets, hypermarkets, and convenience stores primarily in eastern China. The company features several brands, including Century Mart, Lianhua Supermarket, Hualian Supermarket, and Lianhua Quik. Its operations are divided into three main segments: hypermarkets, supermarkets, and convenience stores, with the majority of revenue generated from the supermarket segment. In addition to retail, Lianhua engages in wholesale sales, logistics services, online sales, and franchising. As of December 31, 2019, the company had a significant presence, operating 3,352 outlets across 21 provinces and municipalities. Founded in 1991 and headquartered in Shanghai, Lianhua Supermarket is a subsidiary of Shanghai Bailian Group Co., Ltd.

Damai

Acquisition in 2017
Damai.cn (大麦网) is an e-commerce integration platform and entertainment community for online ticket booking in China. Its diversified transmission business has straddled five major areas of cultural and creative industry domains including entertainment, sports, tourism, Internet, and software development. Damai.cn ownse chain stores covering the north, east, and central China for 10 years. At the same time, in more than 30 cities of China, it has successfully offered the exclusive ticket booking system and marketing management teams for important entertainment and sport events. The predecessor of damai.cn is China Ticket Online, and it is a key ticket booking website in China.

Paytm Mall

Venture Round in 2017
Paytm Mall, operated by Paytm E-Commerce Pvt. Ltd, is an online shopping platform based in New Delhi, India. Established in 2016, it serves as the e-commerce division of the Paytm brand, which is a subsidiary of One97 Communications Limited. The platform offers a diverse range of products, including fashion, electronics, consumer durables, and home furnishings, catering to both domestic and international markets. Customers can conveniently purchase items at discounted rates, enhancing their shopping experience from the comfort of their homes.

Yiguo.com

Series C in 2016
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.

Snapdeal

Private Equity Round in 2015
Jasper Infotech Private Limited owns and operates an online shopping site for Internet users in India. It provides an assortment of products across various categories, including mobiles and tablets; computers, and office and gaming products; televisions, audio and video equipment, appliances, grooming products, and cameras; men's and women's fashion products; kids' toys and fashion products; home and kitchen furnishings/appliances; beauty and personal care products, and food and household essentials; sports, fitness, and outdoor equipment; books, musical instruments, and gift cards; motors and accessories; and real estate and financial services. The company was founded in 2007 and is based in New Delhi, India with regional offices including Bangalore, Mumbai, Calcutta, and Hyderabad.

Suning.com

Post in 2015
Suning.com is an online shopping website that sells clothing, snacks, electronic devices, and appliances. The company also integrates smart retail, full category operations, omni-channel operations, logistics, global expansion, and financial cloud services to allow one-stop shopping solutions through physical stores, mobile devices, PCs, and TVs.

Mei.com

Private Equity Round in 2015
As the leading Luxury & Fashion Flash Sales website in Asia, Glamour Sales entered into the China market in April 2010. We remain committed to authentic products with attractive discounts to our smart shoppers. To date, Glamour Sales has established official partnerships with over 2,000 international luxury, fashion, beauty and lifestyle brands. Daily flash sales begins each morning at 9am. All products of Glamour Sales are highly curated by our fashion and beauty experts. We strive to deliver a first class luxury shopping experience to you.

Koubei

Funding Round in 2015
Koubei.com is a life search engine established in 2004 that offers comprehensive information related to daily living, including restaurant entertainment, housing, employment, and travel across medium and large cities. The platform is particularly renowned for its strong focus on restaurant and entertainment transactions, featuring user-friendly maps for locating shops and guest reviews that enhance the dining and leisure experience. In addition to these services, Koubei.com facilitates house renting and secondhand property transactions, along with providing a credit system for classified information. The website also includes local search capabilities, allowing users to find and engage with local merchants, place orders, make payments, and share their reviews through its application.

Zulily

Post in 2015
Zulily, LLC is an online retailer based in Seattle, Washington, that focuses on providing a curated selection of products for families, particularly targeting moms shopping for their children, themselves, and their homes. Established in 2009, zulily offers a diverse range of merchandise, including apparel for men, women, and children, as well as children’s gear, toys, books, home décor, kitchen accessories, electronics, pet products, and health and beauty items. The company operates through a flash sales model on its desktop and mobile platforms, enabling customers to discover new products at attractive prices daily. With a presence in the United States, Canada, Australia, and the United Kingdom, zulily has positioned itself as a convenient and affordable shopping destination for families.

Haoshiqi

Series B in 2015
Haoshiqi is an E-commerce platform.

Yiguo.com

Series B in 2014
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.

Intime Retail

Post in 2014
Intime Retail (Group) Company Limited is a prominent investment holding company that operates department stores and shopping malls across Mainland China. Established in 1998 and headquartered in Beijing, the company has diversified its operations into four primary segments: Department Store, Shopping Mall, Property Development, and Others. Intime manages a significant portfolio, including 29 department stores and 20 shopping malls, covering a total gross floor area of over 3.3 million square meters. Its properties are strategically located in various provinces such as Zhejiang, Hubei, Beijing, Anhui, Hebei, Guangxi, and Shaanxi. The company has evolved from traditional retail formats to incorporate e-commerce, aligning with modern shopping trends and consumer preferences. Additionally, Intime is involved in property development, leasing, and trademark management, positioning itself as a key player in China's retail landscape. In 2013, it rebranded from Intime Department Store (Group) to its current name and has since operated as a subsidiary of Alibaba Investment Limited.

Yinman

Venture Round in 2014
Chinese fashion

1stdibs

Series C in 2014
1stdibs operates an online marketplace specializing in rare and desirable items, including vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. Founded in 2001 and headquartered in New York, the company connects respected dealers and makers with discerning collectors who appreciate fine design. Its platform facilitates commerce between sellers and buyers, generating revenue primarily through seller fees and additional services such as advertisements and software solutions for interior designers. 1stdibs serves a global customer base, with products available through dealers in various countries across North America, Europe, and Asia.

ShopRunner

Private Equity Round in 2013
ShopRunner is a membership program offering free 2-day shipping, free returns and seamless checkout at 100+ of the top online retailers. ShopRunner members also receive access to exclusive deals that can be combined with fast, free shipping. ShopRunner's growing retail network includes relationships with America's most sought-after brands, including Neiman Marcus, Saks Fifth Avenue, Bloomingdale's, plus millions of products in clothing, baby, beauty, books, electronics, movies, sporting goods, pets, toys, video games, luggage, automotive and more.

Yiguo.com

Series A in 2013
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.

ShopeX

Series B in 2009
ShopEx is an e-commerce software and service provider in China. It focuses on the research and development of e-commerce software and provision of related solutions and services. ShopEx has become the largest and most experienced professional team and develops e-commerce software with independent core technology and intellectual property rights and services.
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