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Why is the Chinese company alibaba called alibaba?
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The name comes from the Chinese phrase <unk>, which means ‘to buy things’. Alibaba is a trading website that was founded in 1999 by Jack Ma and his colleagues. Alibaba’s business model is to provide online marketplaces for small and medium-sized enterprises (SMEs) to sell their products to consumers in China and around the world. Alibaba has been called the Amazon of China.