Ali Baba Jack Ma: From an English tutor to one of richest men in Asia
Jack Ma is the founder and CEO of the Alibaba group,
-Alibaba privately owned Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals.
-It also provides electronic payment services, a shopping search engine, and data-centric cloud computing services.
The group began in 1999 when Jack Ma founded the website Alibaba.com, a business-to-business portal to connect Chinese manufacturers with overseas buyers.
Jack Ma is constantly diversifying Alibaba through organic growth and acquisition. (The firm’s roots date back to 1995 when Ma and his wife started a site-creating company called China Yellow Pages.
-Less than five years later, Ma he co-founded Alibaba with 17 friends in Hangzhou.) Alibaba’s holdings now include outright ownership and or important ownership stakes in a movie studio, venture capital funds, Yahoo! China, healthcare technology makers, internet messaging and voice apps, supply chain management companies, taxi-hailing app services, video streaming sites, social media apps and online clothing retailers.
Ma’s investments beyond Alibaba include China entertainment industry firms Huayi Brothers and Beijing Enlight Media.
Ma owns a vineyard in France; other interests include martial arts. His net worth in 2017 is around 37.7 billion USD Vietnam topples johnson in January 1968, the Viet Cong attacked 27 key South Vietnamese cities, https://midnightpapers.com including Saigon