Inspiring Story of Asian Richest Man Jack Ma, the founder of Alibaba

Inspiring Story of Asian Richest Man Jack Ma, the founder of Alibaba
(Jack Ma)

Friends, whenever we take the name of China, we come in the name of the artists of Jackie Chan, Bruceley or Martial Arts, because these artists have their names spread all over the world, but in the last few years, one in the field of technical A young man who came to light the name of China in the tech world To date, we have been taking many products, called Made in China, whose quality was not considered better, but in that period the world had no choice but in the last few years the business has also closed. Then a businessman Jack Ma. Jack Ma founded Alibaba Group due to his talent, which made Jack Ma Jack Ma the richest man in China and the 18th richest man in the world. Let's know how Jack's mother made her way.




Early life Jack Ma's early life


Jack Ma Jack Ma was born in Hanaju village of Zhejiang province of China Jacques used to sing the traditional singing of Mother's parents by singing stories Jack Ma Jack Ma had had a desire to learn English since childhood, so he used to visit a nearby bicycle hotel every morning, where he often lived as a foreigner. Jack Maarro spoke with him in broken English because Chinese was the main language in China and learning English did not have to be considered necessary. Now he used to guide the foreign people in the city for free in his spare time, which was also his practice and his English improved too. He did the same job for nine years.

While guarding these foreigners, he became a close friend with a foreign friend, who used to write letters to him and the same foreign friend named him Jack because he was very hard to speak and write his name in Chinese. Since then, they are known only by the name of Jack. Later on when he passed the university entrance examination, he failed this examination three times. After that, Jack enrolled at the Hanzau Teachers Institute, from where he passed his graduate examination in 1988. During school, Jack was elected the Chairman of the Student Council. After graduation, he became a lecturer in English and International Business at Hanju University.





Career of Jack Ma

Jack Ma's career debut was quite challenging. Jack Ma find for a work about 30 various places, but no companies hasn't gave him any jobs. Jack ma's mom 1st tried for a police job but she refused to see her deal. After that, jack also once worked for KFC when KFC first came to china. kFC's  job was applied by 24 boy, out of which 23 people were selected, but Jack Ma was rejected. This shows how Jack had struggled in his early career.

In 1994 He called the Internet for the 1st time. In the starting of 1995, he went to U.S with the help of his some real friends, where he 1st saw the Internet. Jack Ma had not ever run the Internet before, when he 1st launched the Internet, he searched for "beer" word. He collect many information about to Beer of different countries but when he went to see the name of China was not there in the search results. The 2nd time they tried to search general info about China, but this time also he had not found any information about China on the Internet.


Inspiring Story of Asian Richest Man Jack Ma, the founder of Alibaba
(Jack Ma)

Jake was very unhappy with his country's lack of information on the Internet because it had found 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 "ugly" created the first website to inform China. Within five hours of making this website, he received emails from some Chinese people who wanted to know about Jack. Then Jack Ma realized that a lot can be done from the internet.

In 1995, Jack Ma, his wife and friends together mocked $ 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 started making websites for Chinese companies. Jack Ma had told that when he joined the web, he used to call his friends to watch TV at home because he had a very slow dial-up connection in that period and he used to cut three and a half times to make half the page. In the meantime, he used to meet his friends at home watching TV and playing cards.

Ma had bought his first computer at the age of 33 for the first time. Jack Ma Jack from 1998 to 1999, under 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 that he started from 5 lakh youth and 79 million members are spread over more than 240 countries.

In October 1999 and January 2000, Alibaba had twice won international venture capital investment of $ 25 million. With this program, she 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 professional companies Alibaba.com, Taobao Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan, 1688.com, AliExpress.com and Alipay are working. Alibaba's online transaction in November 2012 Went beyond trillion yuan.




Achievements and honors


Inspiring Story of Asian Richest Man Jack Ma, the founder of Alibaba

•In 2004, "Top 10 Business Leaders of the Year" was selected by China Central Television.

•In 2005, World Economic Forum honored the "Young Global Leader" In the same year, Fortune Magazine chose one of the "25 Most Powerful Business People in Asia".

•In 2008, Barrons chose "One of the Best 30 World's Best CEO".

•In 2009, Forbes Magazine chose "Top 10 Most Respected Entrepreneurs in China".

•Hong Kong University of Science and Technology honors honorary doctoral degree in 2013.

•In 2014 Forbes chose one of the "30th Most Powerful Person in the World".

•The Asian Awards in 2015 by Entrepreneur of the Year Award.


•Board member of Japan's Soft Bank.



Today 80 million people use "Ali Pay"


Inspiring Story of Asian Richest Man Jack Ma, the founder of Alibaba

On their website Alibaba.com, 10 million subscribers come daily. Today, around 34,985 employees work in the Alibaba Group. And Alibaba's market value is $ 231 billion and Jack Ma's property is $ 24.1 billion (130800 crore / 1300 billion rupees).

Today Alibaba E-Commerce Company sells the most online goods in the world. You can guess from this that it is a bigger company than Amazon and E-bay.

The success of the Alibaba Company can be gauged from the fact that this company had introduced its Initial Public Offering (IPO) at 4080 rupees ($ 68) and at the end of the market, it was priced at Rs 5711 ($ 93.89) . It is being reported as the largest IPO ever in the US. His personal property costs around 130800 crores.
Known as Alibaba.com, this company is associated with 190 companies from around the world. In addition to the Alibaba.com website, taobao.com is the largest shopping website in China. Apart from this, tmall.com offers branded items to China's large population on their website.


Inspiring Story of Asian Richest Man Jack Ma, the founder of Alibaba
(Inspiring Image)


Not only that, this company has a large stake in China's social media like Sina Vibo, as well as Alibaba shares a significant share in YouTube's video sharing website Youku Tudou. 


*SO Friends Never Give up in Life. Everyday is not same-day but there is some positive things in every day from which we can learn so many things for our successful Life. If if think that you are defeat after defeating then you are really a loser, but if you try and think you are not lose,it doesn't matter how many times you lose,then you will be Successful in life and the taste of this fulfilment is so difference. "Dust Are Also Change Their Places From Bad to Good,,We are Humans,we can do Anything.
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