Alibaba is one of the best brands in global business-to-business (B2B) e-commerce and one of the largest online trading markets and business communication communities in the world.

On the evening of September 19, 2014, Alibaba was officially listed on the New York Stock Exchange with the stock code BABA. The price was determined to be US$68 per share. [1] Its stock opening price that day was US$92.7 , a sharp increase of 36.32% compared with the issue price[2]. As the underwriters of Alibaba Group exercised the over-allotment option, thereby expanding the fundraising scale by 15%, Alibaba raised a total of US$25 billion in the transaction, setting a record for the largest IPO in history. trade.