21 February 2008 – Alibaba.com has been named one of the World's 50 Most Innovative Companies by Fast Company magazine in its upcoming March issue.
Referred to as the "Fast 50", the list is compiled by Fast Company readers and editors. It honors companies from start-ups to industry powerhouses that dazzle the world with new ideas and prove that business is a force for change.
Alibaba.com was the only Chinese company to make the top 10. It was recognized for its easy-to-use business website connecting buyers and suppliers from around the world. Alibaba.com opens new doors to global trade without regard to geography, distance or language and its point-and-click system is creating new opportunities for millions of small and medium businesses.
Fast Company magazine is the publication for today's generation of top executives, business innovators, and thought leaders. The US-based business magazine reports on innovation, digital media, technology, change management, leadership, design and social responsibility.