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Keen Learner & Explo... • 11m
Jack ma (original name: yun ma) - the founder of Alibaba group visited America in 1995 where he got introduced to internet and he realised that there was no product on internet from china. That's when he created “china pages” which gives the information of all Chinese manufacturers - which failed shortly. however it was not the first time Jack faced failure, he had applied for 30 different jobs in his young days but got rejected by all of them he also applied for a Job in KFC and 23 out of 24 applicants got hired except him. After the failure of "china pages" Jack gathered a team of his 17 appartment friends and created Alibaba which connected Chinese manufacturers from all over the world. And in 2002, three years after launching Alibaba became profitable. On 19 September 2014, Alibaba's IPO on the New York Stock Exchange raised $25 billion, giving the company a market value of $231 billion and, by far, then the largest IPO in world history. Thank You.
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