The Founder of The Biggest e-Commerce Site "Alibaba Group" Jack Ma

The Founder of The Biggest e-Commerce Site "Alibaba Group" Jack Ma

We all know that success - failure is a part of our life, it depends on us that we are frustrated with those failures or moving forward with learning from them.
 
But can you believe that the person who has rejicted almost a few times to get a simple job can become the richest person in his country today, yes, friends, this is absolutely true, with all the hard work and passion can be done.

It has been shown that Jack Ma has the same Jack Ma, who has created the biggest e-commerce site "Alibaba" in China. Jack is the founder of Alibaba Group, let's know the story of Jack closely ....
Jack Ma Alibaba Story

The founder of the biggest e-commerce site "Alibaba" group Jack Ma-

Jack was born on 10 September 1964 in Hanzhu, a very small village in Jiangxi province of China. The financial condition of Jack's family was very bad. Jack was from a very ordinary family, his parents used to reduce traditional drama and famous stories, this was the only means of livelihood of his family.

Jack married a girl named Zhengjiang. They have a son and a daughter. Jack and his wife studied in the same university. He also received undergraduate education, after which he married in 1980.

Jake was very fond of speaking and teaching English since childhood. In the 60s English language was not of great significance in China.

But how did Jack want to speak and learn English, so at the age of 13 he started taking help from foreign tourists in China, trying to talk to tourists in his broken English They give them information about China's tourist spots.

He did this work for 9 years. Thus Jack became a tourist guide. Gradually, his English began to improve.

Jack Ma's Career -

Jack's career debut was quite challenging, Jack applied for police job at the beginning of his career. But read them disappointed here. As a Jack job, he read about 30 different places to be disappointed.

At the beginning of 1995, he went to America with the help of his friends, where he first saw the Internet. Jack Ma had never run the Internet before, when he first launched the Internet, he searched the word "Beer".

He received many information related to Beer from different countries, but he went to see that the name of China was not there in that search. The next time they tried to find general information about China, but then they went to the queue that no information was available to the Internet on the Internet.

Jack was very unhappy with his country's lack of information on the Internet because it felt that China is far behind other countries in the technical field and he does not want to move forward. For this reason, he along with his friend made "ugly" the first website to provide information about China.

Then Jack Ma realized that a lot could be done from the Internet. In 1995, Jack, and friends gathered together to collect $ 20,000 and started a company. The main work of this company was to create a website for other companies. He named his company "China Yellow Pages".

Within three years his company earned $ 8 million. Now, with the help of a US friend, Jack has started making websites for Chinese companies. Jack first bought his first computer at the age of 33.

From 1998 to 1999 Jack Ma served the chairmanship of an IT company founded by China International Electronic Commerce Center.

In 1999, he left the job and Hanjau returned with his team, where he along with his 17 friends formed one of China's first B2B website Alibaba.

He created a history by Alibaba, which he started from 5 lakh youth and 79 million members spread over 240 countries.

In October 1999 and January 2000 Alibaba won the $ 25 million international venture capital investment twice. With this program, he wanted to improve the country's e-commerce market, which would take small and middle-class businesses globally.

In order to improve the global e-commerce system, Jack Ma founded the Taobao Marketplace in 2003, given the growing influence, eBay offered to buy it. Jack Ma turned down eBay's offer and instead sought $ 1 billion from Yahoo's co-founder Jerry.

According to the September 2014 data, Alibaba set a $ 25 billion company in New York Stock Exchange. Alibaba was counted among the world's most prominent tech companies with this amount.

Jack Ma is currently the executive chairman of Alibaba Group whose ten successful companies are Alibaba.com, Taobao Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan, 1688.com, AliExpress.com and Alipay. In November 2012, Alibaba's online transaction went beyond 1 trillion yuan.

Awards and honors to Jack Ma 

  • 2004 - Top 10 Business Leaders of the Year was selected by China Central Television.
  • 2005 - Young Global Leader was chosen by the World Economic Forum and Fortune Magazine ranked Jack in the 25 Most Powerful Business People in Asia.
  • 2007 - Business Week of the Year award given in Business Week
  • 2008 - 30 was included in the list of World's Best CEOs.
  • 2010 - Forbes Asia's Heroes of Philanthropy was selected for works such as Disaster Management and Poverty Alleviation by Forbes Asia.
  • 2013 - Distinguished doctorate degree from Hong Kong University of Science and Technology
  • 2015 - Awarded Entrepreneur of the Year in The Asian Awards

Some Interesting Facts about Jack Ma - Interesting Facts about Jack Ma

  • The industry's world-famous magazine "Fortune" ranked Jack second in the list of the 50 Great Leaders of the World.
  • According to a report, Jack's assets were valued at approximately $ 36.4 billion in August 2017.
  • Jack Maine is at the top of the list of rich people in China, i.e. at first place, and they are at number 18 in the list of world's wealthy people.
  • During school, Jack was elected as the Chief of the Student Council.
  • Jack also shares the business relationship with the younger generation from time to time.
  • Jack was ranked 30th in Forbes list of World's Powerful Persons in 2014.
  • Jack was given his name by one of his foreign tourist friends.
  • Jack was included in the 2009 list of Time Magazine's "100 Most Influential Persons" list.
  • This year, he was chosen by Forbes China, Top 10 Most Respected Entrepreneurs in China.

The people who want to do something on their own in the world will surely inspire this story. Jack is a very influential person for industrialists and businessmen around the world, and Jack's story is also an inspiration for all of us.

Fastread.in Author Manisha Dubey JhaDear Reader, My name is Manisha Dubey Jha. I have been blogging for 3 years and through the Fast Read.in I have been giving important educational content as far as possible to the reader. Hope you like everyone, please share your classmate too. As a literature person, I am very passionate about reading and participating in my thoughts on paper. So what is better than adopting writing as a profession? With over three years of experience in the given area, I am making an online reputation for my clients. If any mistakes or wrong in the article, please suggest us @ [email protected]

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