Looking at the current China trade trading market, the world of e-commerce platforms, check the shopping software in the mobile APP, Douyin , Kuaishou, JD , Vipshop , Pinduoduo, etc. are almost all our first choice for shopping. When it comes to the originator of shopping software, you must mention Taobao. Of course, when it comes to Taobao, you will definitely think of the man behind it - Jack Ma . How did this man with no stunning appearance create such a huge e-commerce empire? Is it the genius' foresight? Or is it the favor of the goddess of luck? Let’s enter the legendary life of e-commerce giants.
Jack Ma was born in Hangzhou City, Zhejiang Province in 1964. Because he hopes that Jack Ma will be well-behaved and sensible, his family will take the word "cloud". Jack Ma, who grew up vigorously, owned a pocket radio at the age of 12. From then on, Jack Ma became involved in English. At this moment, he had not thought that this small radio became the first key to open the wealth code in the future, and was about to turn the door of wealth that "knowledge changes destiny."
When I was a child, Xiao Yun
There are things that I can't handle, such as mathematics. Because he could not get rid of the "mathematical curse", Jack Ma failed in the college entrance examination twice. Finally, in 1984, despite his family's opposition to taking the third college entrance examination, he caught up with the opportunity to advance to undergraduate entrance examinations that year, Jack Ma, who was originally 5 points away from the undergraduate line, successfully entered Hangzhou Normal University. And this university will become a very important key on the road to cracking Jack Ma’s wealth, and from then on to the new world of the Internet.
Under college years Jack Ma (first in the second row on the left)
1988, after graduating from university, Jack Ma was assigned to the current Hangzhou University of Electronic Science and Technology became a lecturer in international trade. With his vision, he discovered opportunities in the translation industry in Hangzhou, where the foreign trade economy started to develop at that time, and soon became famous in the translation industry in Hangzhou. In 1992, Jack Ma established the Haibo Translation Club , but due to the inability to balance income and expenditure, he successively supported the translation club by selling flowers and selling medicines. In 1994, the Translation Club's revenue increased significantly and reached a flat rate. Perhaps if Jack Ma continues to persevere like this, perhaps another outstanding translator will be added in the translation industry today. However, the gear of time will not stop pushing Jack Ma's fate. At this time, he met the man who changed his life - Bill.
《Haibo Translation Club》
1994, Bill, a foreign coach from Seattle , talked about things in his hometown while chatting with Jack Ma, including the Internet. Jack Ma seemed to feel the electric current passing through his body and stimulating his brain madly. The thing he really wanted to do appeared in the dark, and the seeds of Internet entrepreneurship began to sprout and grow rapidly in his heart. Do it as soon as you say it! In 1995, Jack Ma quit his job as a teacher, with all his savings of more than 6,000 yuan and more than 10,000 yuan borrowed from his sister's family, and finally raised 20,000 yuan to start a big fight. In April of the same year, Hangzhou Haibo Computer Service Co., Ltd., the first Internet business company in China, was established, with only three employees, Jack Ma, Jack Ma's wife Zhang Ying and He Yibing. In May, China Yellow Pages was officially launched, and at this time, there were still three months before China could access the Internet; in July, China Yellow Pages built a website for the Zhejiang Provincial Foreign Propaganda Office to promote Zhejiang's economy and culture online, called the "Golden Pigeon Project".
huge business opportunities were quickly smelled by Hangzhou Telecom and began to share the yellow pages market. Jack Ma decided to merge and Hangzhou Telecom, and priced China Yellow Pages for 600,000 yuan, accounting for 30% of shares . Hangzhou Telecom invested 1.4 million in cash, accounting for 70% of the shares. So far, Jack Ma accumulated the first pot of gold belonging to the Internet industry. But geniuses are always bold. How could Jack Ma, who is unwilling to accept this, stop so in 1997, after being invited by the Ministry of Foreign Trade and Economics to Beijing to establish the China International E-Commerce Center (EDI), Jack Ma decided to give up China Yellow Pages. He sold his 21% of China Yellow Pages to the company at a low price of 2-3 cents per share. After getting back more than 100,000 yuan, Jack Ma and his team developed a series of websites in Beijing, including the official website of the Ministry of Foreign Trade, the online Chinese commodity trading market, and China Foreign Trade.Since then, Jack Ma has been in the Internet industry and is about to enter his legendary new life in Internet e-commerce.
1 In March 1999, Jack Ma officially resigned from his public office and led the team of Jack Ma, who was later known as the 18 Arhat, to Hangzhou, and started a new round of entrepreneurship with the 500,000 yuan he had collected, that is, to develop the Alibaba website; on April 15 of the same year, the Alibaba website was officially launched. In January 2000, Alibaba raised a total of US$25 million from international investment institutions such as SoftBank. On May 10, 2003, Jack Ma founded Taobao and began to seize the eBay eBay C2C market. In December 2004, Jack Ma founded the third-party online payment platform Alipay . At this point, Jack Ma's e-commerce empire has been basically built. In the future, Taobao + Alipay will become two sharp swords in his hand to help him break through countless difficulties and obstacles and reach the peak of his life.
In November 2007, Alibaba was listed on the main board of the Hong Kong Stock Exchange; on October 31, 2008, Alibaba Co., Ltd. and Hangzhou Normal University jointly built Hangzhou Normal University Alibaba Business School , and Jack Ma became the chairman; in 2009, Taobao launched the "Double Eleven" shopping event for the first time, creating a transaction myth of 52 million yuan at that time. On May 10, 2013, Jack Ma officially resigned as CEO of Alibaba Group, and Lu Zhaoxi replaced Jack Ma as CEO of Alibaba Group; on May 28 of the same year, Alibaba Group jointly established Cainiao Network Technology Co., Ltd. and several private express delivery companies including SF Express , ZTO, YTO, Shentong, Yunda and other private express delivery companies jointly established Cainiao Network Technology Co., Ltd. Jack Ma became the chairman of Cainiao Network Technology Co., Ltd. On September 19, 2014, Alibaba Group was officially listed on New York Stock Exchange . At this time, the "Ali Empire" was already invincible.
Perhaps the world of genius is incomprehensible to ordinary people. In an episode of " Starting Speaking " on October 31, 2015, Jack Ma said that he was not interested in money and had never touched money. This statement instantly became a hot topic, and this statement also became one of Jack Ma's famous "golden sentences". However, he, who is "not interested in money", has unlocked the password for wealth, and no one can stop him. 2015 htmlOn October 23, 51-year-old Jack Ma and his family ranked first in the Chinese IT industry with assets of 135 billion yuan, and their wealth increased by 540 times in 13 years; on October 26, 015 Forbes China Rich List Jack Ma ranked second with a wealth of US$21.8 billion; on November 4, Jack Ma ranked 22nd in the Forbes Global Most Powerful Person Ranking List. On October 27, 2016, Jack Ma ranked second on the Forbes China Rich List with a fortune of US$28.2 billion. At this time, Jack Ma, who is already at the top of his wealth, looked back at Shilu, and had no time to sigh or be proud, because he would have to bring his e-commerce empire to create one myth after another.
After this, Jack Ma was given countless honorary titles, met countless leaders and entrepreneurs of different countries and levels, participated in many seminars and exchange summits in related fields, and also made charity work in every corner of the world. On September 10, 2018, he issued an open letter entitled "Happy Teacher's Day" announcing that on the occasion of Alibaba's 20th anniversary one year later, that is, on September 10, 2019, he will no longer serve as the chairman of the group's board of directors, and the current group CEO Zhang Yong will be taken over. The Internet industry was shocked and netizens were in an uproar. That is, from this moment on, Jack Ma began to reduce public appearances such as meetings, interviews, and on shows. The outside world's speculation about him began to surge.
On September 30, 2020, the announcement of the Alibaba Group's annual shareholders' meeting showed that Jack Ma will no longer serve as a director of Alibaba Group from now on. And in the 400 richest list of China released by Forbes in November of the same year, Jack Ma ranked first with a wealth of 437.72 billion yuan. From the translation agency in 1992 to the current e-commerce empire, Jack Ma spent 28 years completing the magnificent transformation from a translator to an Internet tycoon, and also completing the extraordinary path from the old era to the new era of entrepreneurship.
Today, Jack Ma has faded out of people's sight. Perhaps as he said, money is no longer the driving force that drives him forward, or perhaps he has found a new direction in his life at the age of 58. No matter what the reason, the value he created for the rise of the Internet and the rise of e-commerce is indelible, and the world honor he won for the country will always be remembered. The legendary business road of "e-commerce giants" may be about to reach its end, but our road is still going on. Finally, I hope that Jack Ma's struggle can inspire each of us to continue working for a bright new tomorrow!
