Alibaba now claims nearly 104,000 employees at its headquarters in Ma's hometown of Hangzhou in China's eastern province of Zhejiang, but also around China and overseas. — Reuters
SHANGHAI: Formed in the Hangzhou flat of co-founder Jack Ma in 1999, Alibaba has ridden the seemingly insatiable Chinese appetite for online shopping to become one of the world's most valuable companies.
On Nov 15, the US-listed company confirmed plans to add its value further, but listing additional shares in Hong Kong in an offering worth around US$13bil (RM53.98bil).
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