久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Companies

The multibillion-dollar house that Jack built

By Meng Jing (China Daily) Updated: 2014-05-25 23:22

The multibillion-dollar house that Jack built
Jack Ma, founder and chairman of Alibaba Group. [Photo / Xinhua]

The Chinese Internet tycoon Jack Ma once said he wants his self-made Alibaba Group Holding Ltd to last 102 years so the e-commerce company, founded in his apartment in Hangzhou, Zhejiang province, in 1999, will still be around in 2101, meaning it will have spanned three centuries.

It is way too early to predict whether Ma's wish will come true, but at least one thing is not in doubt: Alibaba is a fabulously successful company, and as its 15th birthday nears, it finds itself in possession of more than 90 percent of China's online retail market. Recently it filed for what may become one of the largest initial public offerings in the United States.

The multibillion-dollar house that Jack built
Alibaba files for $1 billion IPO in US

The multibillion-dollar house that Jack built
Chinese tech stocks take a beating in US 

"We are a very lucky company," Ma has often said. A large part of that luck, he says, boils down to the fact that it is a product of the Internet age, and that he has been on hand to make the most of that.

"In the industrial age, you needed to have a rich father to be successful," he says.

Not only did Ma not have a rich father, there is nothing in his family background giving the barest hint of the financial success that would one day be his. The 49-year-old got poor grades when he was in school. English was the only subject in which he excelled, and he was an English teacher until he happened upon the Internet industry on a trip to the United States as an interpreter in 1994.

Ma's excellent English appears to have been pivotal when he gave a six-minute presentation in 2000 that landed him a $20 million investment from SoftBank Corp of Japan.

After some web-based business attempts, he teamed up with 17 co-founders to build Alibaba in 1999 with a mission to make it easy for small and medium enterprises to "do business anywhere".

Alibaba, which started as a business-to-business online platform to bridge the information gap between Chinese suppliers and international buyers, has grown into a huge e-commerce conglomerate. It functions like a combination of Amazon, eBay and PayPal.

Chinese online shoppers bought merchandise worth 1.542 trillion yuan ($248 billion) on Alibaba's online marketplaces, Taobao Marketplace, Tmall and Juhuasuan, last year.

Those online marketplaces accounted for 85.67 percent of China's total online shopping market and for about 6.5 percent of China's total retail sales.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美色性 | 亚洲欧美综合网 | 久久看精品 | 成人性动漫高清免费观看网址 | 国产美女在线精品观看 | 国产九九视频在线观看 | 国产精品一区二区手机在线观看 | 中文在线视频观看 | 97免费视频观看 | 免费视频18 | 亚洲精品成人一区二区 | 免费精品国产日韩热久久 | 中文字幕 亚洲一区 | 国产天堂在线一区二区三区 | 欧美.成人.综合在线 | 色综合色狠狠天天久久婷婷基地 | 国产成人精视频在线观看免费 | 2021国产成人精品久久 | 免费成人 | 正在播放国产精品放孕妇 | 香蕉久久夜色精品国产2020 | 中文日韩字幕一区在线观看 | 国产高清美女一级a毛片久久w | 亚洲欧美一区二区三区久本道 | 中文字幕乱码视频32 | 欧美成人高清在线视频大全 | 久久精品18 | 综合激情网站 | 国产欧美在线观看不卡一 | 国产一区二区精品久 | 免费一区二区三区视频狠狠 | 国产成人免费午夜在线观看 | 免费韩国一级毛片 | 欧美综合视频在线 | 欧美一级爆毛片 | 欧美第一精品 | 97成人精品视频在线播放 | 成人午夜兔费观看网站 | 亚洲国产精品久久 | 综合久久一区二区三区 | 毛片免费观看视频 |