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The Chinese internet giant Alibaba has been diversifying its business in recent years, and one of the most successful investments has been in the online gaming sector. Alibaba's subsidiary Yunfeng Capital led a US$1 billion investment in Hong Kong-listed gaming company China's leading online gaming company.

This move into the gaming sector by Alibaba is a sign of things to come, as it seeks to capitalise on the growth of this industry. The global gaming market is forecast to be worth US$128.5 billion by 2020, and Alibaba wants to make sure it captures a significant slice of this market.

One of the main drivers of this growth is the increasing popularity of mobile gaming. This is due to the fact that smartphones are now ubiquitous, and people are spending more time playing games on their phones. In addition, there has been a proliferation of new games genres in recent years, such as battle royale games, which have been hugely popular.

Alibaba is well placed to capitalise on this trend, as it is one of the biggest players in China's mobile gaming market. It has a range of popular games titles under its belt, including Fantasy Westward Journey and Tianxia III. These games have been successful in China, and there is potential for them to be even more successful abroad.

In addition to its investment in China's leading online gaming company, Alibaba has also made other investments in the gaming sector. In 2016, it bought a minority stake in Finland's Rovio Entertainment Ltd., the maker of Angry Birds. This was part of Alibaba's strategy to expand into new markets outside of China.

Rovio Entertainment is a global company with a strong presence in Europe and North America. It has a portfolio of over 700 games titles, which gives Alibaba access to these key markets. Rovio also has strong brand recognition among gamers, so it provides a good platform for Alibaba to promote its games titles internationally.

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An article by Bloomberg stated that Alibaba Group Holding Ltd is on a buying spree, investing in new companies at a rate of more than one a week. The investments are part of a strategy to build an e-commerce empire that rivals Amazon.com Inc.

Alibaba has been on an investment tear since the start of the year, sinking more than $19 billion into 57 deals, according to data compiled by Bloomberg. That's more than Facebook Inc., Apple Inc., Amazon and Microsoft Corp. combined. The pace has quickened in recent weeks: Alibaba has announced at least 10 deals in each of the past two months.

Why is Alibaba doing this?

The Chinese company is seeking to build an e-commerce empire that will rival Amazon.com Inc., said GGV Capital's Managing Partner Jenny Lee. Lee, who was an early investor in Alibaba and sits on its board, said Chairman Jack Ma is making the investments to ensure his company remains ahead of the curve in China's rapidly evolving online landscape.

"He doesn't want to be disrupted by someone else, so he's going out and buying these companies early on," she said in an interview last week.

What kind of companies is Alibaba investing in?

The Chinese company has been investing in a wide range of businesses, including food delivery, social media, cloud computing and autonomous driving. In March, it took a stake in supermarket operator Sun Art Retail Group Ltd. for $2.9 billion. A month later, it led a $2 billion investment round in India's Paytm E-Commerce Pvt. Alibaba also recently agreed to invest up to $1 billion in Thailand's Central Group's retail arm Central Pattana Public Co., and it has made other investments in Southeast Asia totaling more than $5 billion over the past year.

In March, it took a stake in supermarket operator Sun Art Retail Group Ltd. for $2.9 billion A month later, it led a $2 billion investment round in India's Paytm E-Commerce Pvt..

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Of course, there is always the risk of losing money in Alibaba's Riches, but that's all part of the fun! The game is easy to play and you can get started right away. There are also forums where you can discuss business strategies with other players.

So, why not give Alibaba's Riches a try? It could be the start of your new fortune!

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Overview

Alibaba Group Holding Ltd. (NYSE:BABA) is a Chinese e-commerce company that operates the world's largest online and mobile markets for commerce. As of January 31, 2017, Alibaba had over 450 million annual active customers on its China retail marketplaces. The company has developed or invested in a diverse array of businesses, from online payments and banking to digital media and entertainment. Alibaba also owns the South China Morning Post, one of Hong Kong's leading newspapers.

In FY2016, Alibaba generated total revenues of $23.3 billion, an increase of 56% from the prior year. Net income attributable to shareholders was $10.8 billion, a surge of 294%. Adjusted EBITDA increased by 54% to $17.5 billion. Operating cash flow was $21.8 billion and free cash flow totaled $12.9 billion.

The following chart shows Alibaba's annual total revenue growth from 2014 to 2016:

The following table shows Alibaba's segment revenue in FY2016:

B2B (includes Taobao, 1688 and AliExpress) accounted for 76% of Alibaba's total revenue in FY2016, up from 73% in FY2015. Taobao is the most popular consumer shopping platform in China with over 400 million active buyers. 1688 is a business-to-business wholesale platform that provides products from Chinese small businesses to over 1 million global buyers. AliExpress is an online marketplace targeting international consumers and offers products from Chinese manufacturers and merchants to more than 190 countries and regions around the world.

China retail commerce (includes Tmall and physical stores) accounted for 24% of Alibaba's total revenue in FY2016, down from 27% in FY2015 as a result of the shift towards mobile commerce among Chinese consumers. Tmall is an online marketplace that sells brands directly to consumers in China. Physical stores includes 4 different types of brick-and-mortar stores: Suning Yunjie (a Suning Commerce Co., Ltd.-operated store), Hema Xiansheng (an Alibaba ownership operated store), Intime Department Store Co., Ltd., and RTMart Hypermarket Co., Ltd..