Who Is Jack Ma?
Jack Ma
(Alibaba)
Zainab Raed Bazroon
ID: 2140003961
Section 39
Who is Jack Ma?
Jack Ma is an outstanding and great leader who redefines the way of success. Jack Ma led e-commerce in China. As the Executive Chairman and founder of Alibaba Group, China’s leading Internet business entity, he has been classified as one of the top Chinese entrepreneurs, who reached the desired Forbes list in recent years.
How he gets started?
When he was 12 years old, he got interested in learning English. He was riding his bike for 40 minutes in every morning. Whether it was hot or cold, rain or snow, for almost eight years to a hotel near the city of Hangzhou's West Lake district, it was about 100 miles southwest of Shanghai. China was growing, and there …show more content…
The general manager of China Telecom offered to invest $185,000 to do a joint venture. It was the biggest money that he had ever seen in his life. But unfortunately, China Telecom got five board seats. He got only two board seats. Everything he suggested, they refused. “It was like an elephant and an ant” as he said then he has resigned. Later on, he got an offer to go to Beijing and run a new government group to promote e-commerce.
Jack dream was to make his own e-commerce company. In 1999, he grouped 18 people in his apartment and discussed with them about his vision and what he is planning to do. Everyone has accepted and put their money in, which gathered for them $60,000 to start the company, Alibaba. He planned to open a global company, so he chose a global name “Alibaba” which is easy to spell, and people around the world link it with the phrase "Open, Sesame," the sentence which Ali Baba used to open the doors to hidden treasures in One Thousand and One Nights story.
They were in China today because jack believes in one thing: global vision, local win. They designed the business model themselves. They focus is on helping small and medium-size companies to make money. They never copied a model from the U.S., like a lot of Chinese Internet entrepreneurs did. They focused on product quality. It has to be "click and get it." If I can't get it, then it's
(Alibaba)
Zainab Raed Bazroon
ID: 2140003961
Section 39
Who is Jack Ma?
Jack Ma is an outstanding and great leader who redefines the way of success. Jack Ma led e-commerce in China. As the Executive Chairman and founder of Alibaba Group, China’s leading Internet business entity, he has been classified as one of the top Chinese entrepreneurs, who reached the desired Forbes list in recent years.
How he gets started?
When he was 12 years old, he got interested in learning English. He was riding his bike for 40 minutes in every morning. Whether it was hot or cold, rain or snow, for almost eight years to a hotel near the city of Hangzhou's West Lake district, it was about 100 miles southwest of Shanghai. China was growing, and there …show more content…
The general manager of China Telecom offered to invest $185,000 to do a joint venture. It was the biggest money that he had ever seen in his life. But unfortunately, China Telecom got five board seats. He got only two board seats. Everything he suggested, they refused. “It was like an elephant and an ant” as he said then he has resigned. Later on, he got an offer to go to Beijing and run a new government group to promote e-commerce.
Jack dream was to make his own e-commerce company. In 1999, he grouped 18 people in his apartment and discussed with them about his vision and what he is planning to do. Everyone has accepted and put their money in, which gathered for them $60,000 to start the company, Alibaba. He planned to open a global company, so he chose a global name “Alibaba” which is easy to spell, and people around the world link it with the phrase "Open, Sesame," the sentence which Ali Baba used to open the doors to hidden treasures in One Thousand and One Nights story.
They were in China today because jack believes in one thing: global vision, local win. They designed the business model themselves. They focus is on helping small and medium-size companies to make money. They never copied a model from the U.S., like a lot of Chinese Internet entrepreneurs did. They focused on product quality. It has to be "click and get it." If I can't get it, then it's