Alibaba (China) is the leading business-to-business internet service provider for small-and-medium sized enterprises ("SMEs") to trade within China or export to other countries. With China entering the WTO, there are an increasing number of SMEs looking to export their products. The strong domestic growth is also fueling trading between SMEs in different regions. Alibaba has seen significant growth in its business over the past year and is generating profits.

"We value the skills and insight brought by GGV's global team who helped us understand prevailing Internet models and capital market developments. We especially appreciate GGV's management-friendly approach, and their support throughout the negotiations in our $4.25 billion transaction with Yahoo!.”
-- Jack Ma, CEO