Alibaba Group Holding is a holding company. Through its subsidiaries, Co. is engaged in providing the technology infrastructure and marketing reach to help merchants, brands and other businesses to engage with their users and customers. Co.'s segments are: core commerce, which is comprised of the retail and wholesale commerce businesses, the logistics services business and the local consumer services business; cloud computing, which is comprised of Alibaba Cloud that provides cloud services; digital media and entertainment, which provides Youku and UC Browser distribution platforms; and innovation initiatives and others, which includes Tmall Genie, Co.'s AI-powered smart speaker.