Jack Ma: Story of Alibaba E-Commerce and Online Retail by GineersNow GineersNow Engineering Magazine Issue No. 013, Jac | Page 23

Source: Vulcan Post
Source: Rediff
Having started a small business that transformed
into one of the world’s biggest business empires,
there’s no wonder that Ma would receive several
acknowledgements. Back in 2004, he was
chosen as one of the “Top 10 Business Leaders
of the Year” by China Central Television. He was
awarded an honorary doctoral degree by the
Hong Kong University of Science and Technology.
He was also awarded by Forbes Asia as one
of Asia’s Heroes of Philanthropy. He has been
recognized as one of the best businessmen in
the world by several international establishments
already. Last year, Forbes made him the 28th
most powerful person in the world.
Fun fact about Jack Ma: He wants to be
remembered as a Tai Chi master as well. He has
been studying the Chen style of Tai Chi Chuan, a
Chinese martial arts since 2009.
Together with several tournament-winning Tai Chi
players, they teach regular classes at Alibaba,
where employees are required to attend.
Despite having no experience in coding or using
computers, his faith in the internet’s potential
made him one of the world’s richest billionaires.
His story has inspired thousands (or even
millions) that rejection and failure shouldn’t stop
a person f rom pursuing things they believe in. For
Ma, it all started with his first encounter with the
internet on 1995.
More than two decades later, the Alibaba Group
has made a record of $463 billion of business
transactions in 2016. With the aim to create
100 million jobs and around 10 million profitable
businesses in the next 20 years, there is no
doubt Ma and his company will soon rise and
dominate the tech world.
Source: ZeroHedge
Source: TNooz
Source: Vulcan Post
E-Commerce, Online Distribution and Management • March 2017
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