In which year was Alibaba Group founded?

A. 1995
B. 1999
C. 2005
D. 2010
Correct Answer: B. 1999

The Alibaba Group, a multinational technology conglomerate specializing in e-commerce, retail, internet, and technology, was founded in 1999.

  • It was established by Jack Ma and 17 co-founders in Hangzhou, China.
  • The company initially launched Alibaba.com, a business-to-business (B2B) portal to connect Chinese manufacturers with overseas buyers.
  • The other years listed, 1995, 2005, and 2010, are incorrect dates for the founding of the Alibaba Group, which has since grown into one of the world's largest e-commerce companies.

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