Jack Ma also known as Ma Yun, is the
co-founder of Alibaba, the largest e-commerce company in China. Alibaba’s
$150-billion IPO was the largest offering for a US-listed company in the New
York Stock Exchange.
He was born on October 15, 1964, in
Hangzhou, China. (Tan, 2011) He is an English teacher before starting his life
as an entrepreneur. Alibaba Group was established in 1999 under the leading of
Ma. Alibaba Group’s first website is a global wholesale marketplace,
English-language Alibaba.com. Taobao, a consumer e-commerce website like eBay
and Amazon was launched in 2003 and become a very successful story in
e-commerce market of China. After that, Alibaba established Aliwangwang, Taobao
Mall, Alibaba Group R&D Institute, Alibaba Cloud Computing and others.
Alibaba Group also acquired HiChina, UCWeb and ChinaVision.
Ma stepped down from CEO in 2013, but
still holds position as executive chairman. Currently, Jack Ma serves on the
board of SoftBank Corp. SoftBank Corp. is one of the major shareholders of
Alibaba Group. He also holds the position as director of Huayi Brothers Media
Corporation. Besides that, he also is the chair of The Nature Conservancy's
China board of directors and a director of its global board of directors (Board
of Directors).
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