Present

The Man

The Myth

The Legend

Jack Ma

Biography

›Jack ma was born on September 10, 1964 in Hangzhou, Zhejiang province, China.›As a youngster Jack wanted to learn English. He began showing up at the single hotel in Hangzhou that hosted the foreign tourists. For the next nine years, he came daily and offered a free tour of the city for English-speaking guests, which allowed him to practice his conversational English skills.›Ma earned a degree from the Hangzhou Teachers Institute in 1988, and took a job as a teacher there when he finished.›His English became so good that he started his own translation agency.

In 1988 he traveled to the United States.

›Ma had his first encounter with a computer when he stayed with a friend. (They were nonexistent in China) It was also his first time using the internet. ›After this he asked his friend to help him put up website for his translation business, which got him emails almost immediately.›He then returned to China and became one of the country's first Web entrepreneurs.›He soon launched China Pages, an Internet company that is believed to have been the first commercial website in China.›Alibaba.com in 1999›In 2003, Ma stepped into the consumer online auction marketplace with Taobao.com, which means "searching for treasure.

Yahoo! bought a 40 percent stake in Alibaba.com for $1 billion. In return, Alibaba—valued at the time of the deal as worth $4 billion

The Creation of Alibaba

The Creation of Alibaba

• The idea of Alibaba came from Jack Ma’s trip to

America as an English interpreter.

• In 1999, he received funding from Goldman

Sachs, to start his new company called Alibaba.

• Unlike American B2B (Business to Business)

Ariba, which focuses' on serving large companies

by helping them save money; Alibaba helps

small companies in China make more money.

The Creation of Alibaba

• Small companies rely on Alibaba and

its online payment system.

• Jacks business model worked for the

Chinese market but would fail in the

US markets.

• The company now makes more profit

than Amazon and EBay combined.

• In 2014, Jack Ma set up an IPO for his

Alibaba company in the United

States.

Accomplishments

• 2004 “Top 10 Business Leader of the Year”by China Central Television

• 2005 “Young Global Leader”

by World Economic Forum

• 2005 “25 Most Powerful Business People in Asia”

by Fortune

• 2005 Yahoo invested 1 billion into Ma’s Alibaba Company

• 2007 “Business person of the Year” by Business Week

• 2008 “World’s Best CEO’s”

by Barron’s

• 2009 “World’s 100 Most Influential People”by Time Magazine

• 2009 Run’s the largest B2B online market place,

(Taobao.com); which caused Ebay to shut down it’s site in China

• 2009 A global board director of The Nature

Conservancy China Program; 1st Chinese

citizen to serve on this board

• 2010 “Asia’s Heroes of Philanthropy” (disaster relief and poverty)

by Forbes Asia

• 2013 “Honorary Doctoral Degree”by Hong Kong University

of Science & Technology

• 2013 $150 billion, the largest offering for any company on the New York

Stock Exchange

• 2014 “World’s 100 Most Influential People” by Times Magazine

• 2014 “China’s Most Powerful People”by Business Week

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