Alibaba Group Holding Limited (Alibaba Group) is a world-leading e-commerce corporation. In 2012, CDB engaged in Alibaba Group’s buyback of shares from Yahoo by providing a large debt facility for the transaction and CDBC became a shareholder of Alibaba Group as a strategic investor. In September 2014, Alibaba Group was successfully listed on the New York Stock Exchange, marking the largest overseas IPO of a Chinese company.