Alibaba Group Holding Limited is committed to providing online and mobile marketplaces for retail and wholesale trade. It operates through the following business segments: Core Commerce; Cloud Computing; Digital Media and Entertainment; and Innovation Initiatives and Others. The Core Commerce segment consists of platforms for retail and wholesale. The Cloud Computing segment consists of Alibaba Cloud, which provides a range of elastic computing, database, storage and content delivery network, large scale computing, security, management and application, big data analytics and machine learning platform services for enterprises of different sizes in various industries. The Digital Media and Entertainment segment includes Youku, Tudou and UC Browser businesses. The Innovation Initiatives and Others segment includes businesses such as AutoNavi, DingTalk and Tmall Genie. The company was founded by Jack Ma on June 28, 1999 and is headquartered in Hangzhou, China.