Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)
Twitter
Tags: Alibaba

What Does Alibaba Own? (NYSE: BABA)

By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM • July 23, 2015

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

AlibabaWhat does Alibaba own? The answer: A lot more than just e-commerce websites.

Alibaba Group Holding Ltd. (NYSE: BABA) is a $209 billion Chinese conglomerate best known for its e-commerce platforms.

It maintains a network of 14 websites that all operate differently.

Alibaba.com is the world's largest business-to-business platform for small businesses. Tmall.com is a consumer-to-consumer platform that operates similarly to eBay Inc. (Nasdaq: EBAY). Alibaba's largest site, TaoBao, is similar to Amazon.com Inc. (Nasdaq: AMZN).

While those sites are what Alibaba is best known for, the company is involved with a lot more than just e-commerce.

Here are five things that Alibaba owns that very few investors know about...

Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.

What Does Alibaba Own? A Professional Soccer Club

On June 5, 2014, Alibaba's founder Jack Ma decided to pay $192 million for a 50% stake in the Chinese professional soccer team Guangzhou Evergrande Football Club.

Following the purchase, the team was renamed Guangzhou Evergrande Taobao Football Club. It's one of the most popular teams in China and was the winner of the 2013 Asian Football Championship.

According to a report from Bloomberg at the time, Ma struck the deal over drinks with billionaire Hui Ka Yan and later finalized it over a 15-minute phone call.

After the deal, Ma said the purchase was part of his plan to transform Chinese society and the landscape of soccer in the country.

What Does Alibaba Own? 28,100 Acres in Upstate New York

In early July 2015, Ma shelled out $23 million for a property in New York's Adirondacks that was once owned by William A. Rockefeller, Jr.

The 28,100-acre estate, called Brandon Park, is roughly 30 miles northwest of Lake Placid.

"Mr. Ma plans to form a nonprofit entity to manage Brandon Park," Ma's spokesman Jim Wilkinson told The Wall Street Journal. "The land is Ma's first investment in conservation land outside of China, where he is a prominent supporter of conservation efforts."

Ma has a history of environmental conservation. He chairs the China board of the Nature Conservancy and also sits on its global board. He co-founded the Sichuan Nature Conservation Foundation and the Laohegou Nature Reserve in Sichuan.

Continue reading for three more things you probably didn't know Alibaba owns...

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

May 27, 2023 • By Garrett Baldwin

postcards from the florida republic - may 27

May 26, 2023 • By Garrett Baldwin

Here's Your (Surprising) Best Bet in a U.S. Default

May 26, 2023 • By Shah Gilani

earnings
The Five Things You Need to Know Before Buying Any Stock
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz