The company had 4,400 permanent employees in 2007, and the number of employees rose to around 66,500 by 2018. At the company u. a. Yahoo and Softbank involved. Sales on Alibaba Group's Chinese retail platforms totaled over 4.8 trillion yuan ($677 billion) in 2017.
In the Forbes Global 2000 of the world's largest companies, the Alibaba Group ranks 59th (as of 2019). Alibaba had a market value of approximately USD 500 billion in mid-2018, making it one of the world's financially strongest companies.
According to Alibaba's latest financial reports the company has $55.45 Billion USD in cash and cash equivalents. A companyโs cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.