Alibaba Group
RC-Retail, Consumer Goods & Lifestyle
RC-Retail, Consumer Goods & Lifestyle
Alibaba Group's mission is to make it easy to do business anywhere. The company is one of the largest online and mobile commerce companies in the world in terms of gross merchandise volume. Founded in 1999, the company provides the fundamental technology infrastructure and marketing reach to help businesses leverage the power of the internet to establish an online presence and conduct commerce with hundreds of millions of consumers and other businesses.
Hangzhou, CN - Lighthouse award in Supply-Chain and Resilience
China's apparel market is worth roughly $340 billion a year, with more than 30% of value destroyed by inventory waste. The site was built as a pilot plant to prove a consumer-to-manufacturer (C2M) business model — a digital, on-demand apparel factory designed to let small and medium brands order in lots as small as 100 pieces, with the explicit plan to scale the model across the industry.