In the year 1999, with the help of more than a dozen friends who pooled
their resources - some $60,000 - Jack Ma, founded Alibaba, a
business-to-business online platform. No one at that time would have thought a
small start-up would initiate the world’s largest initial public offering (IPO)
on Wall Street, earning higher profits than those of interational giants like
Amazon.com and eBay combined.
Ma’s bold ambitions, which were birthed in a time when China was a digital
backwater, were realized last week.
The initial public offering, which will raise as much as $25 billion,
cements his position as one of China’s richest.
Charismatic and energetic, Ma is nicknamed “Crazy Jack Ma” and is seen as
China’s version of Steve Jobs or Bill Gates, according to AP. And his story of
starting an empire from scratch already makes him an inspiration to millions
Ma isn’t just popular because of his wealth. He also possesses
communication skills that allow him to communicate with audiences from a wide
variety of cultural contexts through roadshows and TV interviews.
Reflecting on his success as a startup manager and English major, we try to
analyze how Ma used his language skills to become an international superstar and
Underdog who seized the moment
Ma failed his college entrance exams twice. He managed to enroll in
Hangzhou Normal University on his third attempt, where he 台中工廠設立環保簽證studied English.
He graduated in 1988 and taught English for years at the Hangzhou Institute
of Electronic 台中環工技師簽證Engineering.
Ma first experienced the Internet in 1995 on a short trip to Seattle. He
can remember searching for the word “beer” on Yahoo!.
Ma noticed there was not a single online listing for “China” and “beer”,
unlike those that popped up for 台中空氣污染簽證American and German beer.
He quickly became obsessed with this online information system. Gradually,
his obsession turned into a vision.
According to USA Today, he believed in the Internet’s business potential
when few other Chinese did. So in 1999, Alibaba, which is dedicated to promoting
online businesses, was born in his apartment.
At the time e-commerce was unheard of in China.
“I called myself a blind man riding on the back of blind tigers,” he once
said to The Guardian.
It turns out he was right.台中污染簽證
“The business model Ma Yun created in China suited the Chinese market,”
said Feng Pengcheng, director of the China Research Center for Capital
Management at the University of International Business台中環保證照申請 and Economics.
“Ma seized opportunities as China was transforming into a market economy
with the middle class unleashing buying power online on a significant
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