久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

BIZCHINA> Ma Yun
The Yangtze crocodile

Updated: 2005-12-26 08:47
The tale of AliBaba in China's New Economy

An interview with Ma Yun (Jack Ma), Founder, CEO and Chairman of Alibaba, by Jorge Nascimento Rodrigues, editor of www.gurusonline.tv, December 2005.

Born as Ma Yun in 1964, it seems the young guy loved English. He grown up listening "Voice of America" and guiding tourists in the margins of the scenic Xi Hu, the west lake of Hangzhou city, 2 hours south of Shanghai, in costal Zhejiang Province. He graduated from the city Teacher's Institute in 1988 and became a lecturer in English and International trade.

He was lucky: Ma was part of the Chinese generation - today under-50 - that take-off in graduate studies and professional life in the blossom of the Reform Era of Deng Xiaoping. With the spirit of the Yangtze - the longest river in Asia, known in Chinese also as Chang Jiang, precisely the Long River -, Ma Yun (Jack Ma, for westerners), the schoolteacher, founded a translation business. Far away from today's ranking in the "10 business leaders of the year" in China. He claims that the entrepreneurial impulse comes from the spirit of the "crocodiles of the Yangtze".

He met the "Internet thing" in a bizarre way. A story at the New York Times, last August (2005), described an incredible Hollywood picture around the trip to South California of Jack Ma in 1995. He travelled to the sands of Malibu, in LA, intending to recover a debt owed to a Chinese joint-venture by an American businessman. But the Yankee refused to pay and held him captive for two days. Ma managed to get his release by agreeing to help the bandit start an Internet company in China! He had no further connection with the guy, but once he returned to mainland, he borrowed USF$2,000 from relatives to found China Pages. He began designing home pages from his house in Hangzhou for Chinese companies, with the help of friends in the US. His translation company's website went up first, in the middle of drinks, TV watching and playing cards. An Internet star was born. In 1995 it was the true pioneering years of the Net in China.

For a brief period, Ma worked for the Ministry of Foreign Investment and Trade, in Beijing. It was there that he founds by chance in 1998 Jerry Yang, the Stanford student, a Taiwanese native raised in San Jose, heart of the Silicon Valley, that co-founded Yahoo!. He gave Yang a tour to the Great Wall. The two became friends, and, imagine, seven years later they become strategic partners in one of the biggest deals in the Internet market in Asia.

After a stint as head of the China International Electronic Commerce Centre's Infoshare division, he founded from home Alibaba, in 1999, after returning to Hanghzou. He partner with seven colleagues, and all of them put US$60,000 over the table to begin an e-commerce business. That was the first round of financing.

Alibaba was a nice brand, inspired in the famous tale "Ali Baba and the Forty Thieves" added to The Book of One Thousand and One Nights by the French orientalist Antoine Galland in the 18th-Century: "We wanted a name that was known throughout the world, since we wanted Alibaba to be a global business. Everyone seems to know the story", told us Jack Ma. And the password "Open Sesame" is a good metaphor: "The Internet was an almost magical place where SME could find opportunities", said Jack.

From 1999 to 2004 he managed to convince international institutional investors to put more than 100 million US dollars in the company in three rounds. Only Softbank, the Japanese group, invested US$20 million- even today Masayoshi Son is shareholder number two.

The strategy of Jack Ma and his partners was clear - to occupy most of the value chain of the e-commerce. Alibaba has developed two B2B platforms - one in Chinese for domestic SME and another in English as a bridge for the import-export business -, one proprietary online payment system coined "AliPay" (necessary in China, where credit and debit cards are not widespread) and in 2003 launched Taobao.com (translation: Treasure hunt), a consumer to consumer auction website similar to eBay, the Californian "mother" of auctions online, that in the same year bought the Chinese company EachNet. Through those 3 portals, Alibaba attracted more than 18 million people. Alibaba was named "Best of the Web" five years in a row by the American Forbes magazine and the Far Eastern Economic Review refer the platform as the most popular B2B in Asia.

The strategic alliance with Yahoo! was the last stone. With Yahoo.com.cn, Alibaba gets the search segment of the value chain and the money invested by the American friend is pocket money for the ambition of being number one in the Orient, where the bigger e-business market of the world will develop in the next decade.

Jack Ma remains as chief executive officer and chairman of the board after Yahoo! acquired a 40% stake (35% voting rights) in Alibaba in exchange for US$1 billion plus all of Yahoo!'s Chinese-based assets. Some critics said this was "irrational exuberance", that Yahoo! has overpaid Alibaba, one more incredible event of the Chinese Internet bubble going on. If we calculate the global potential value of Alibaba, the figure we get - more than US$4 billion - means 170 x the free cash flow of last year. "But it could become a tremendous investment in the long term. This is simply because Alibaba has built some interesting and practical business model", says Zhibin Gu, a Shenzhen consultant and author. Also, you have to forecast Alibaba in a future IPO, probably in the Nasdaq.

Jack was chosen by the World Economic Forum as a "Young Global Leader".

Alibaba has international offices in Hong Kong, offices in China, US and Europe. At the end of 2005 the group will have over 3,000 employees.

You can explore Alibaba in the Web at www.alibaba.com
Media contacts: porter@alibaba-inc.com


Interview

You can see that e-commerce is converging at a much faster rate in China than in other countries, and I think the world is learning from this. Now, we have business-to-business marketplaces, consumer marketplaces, online payment and search under one roof. You will probably see a similar convergence trend outside of China, based on what people are learning in the China market.

What are the main consequences for the extended China market (including the Diaspora abroad) of the strategic partnership with Yahoo Inc?

Our strategic partnership with Yahoo is going to allow us to focus on building the world's best Chinese-language search engine. Although this search engine will be focused on the domestic China market, using simplified Chinese characters, the site will also be available for Chinese-speakers anywhere in the world. So while the Diaspora outside of China is not our main focus, the search technology will be available to any Chinese language searcher, which will be a great benefit to the extended China market.

Why you decided to partner with Yahoo! ?

Our main reason was to add search to Alibaba's portfolio of businesses. Search has emerged to become especially important for e-commerce. Alibaba is an e-commerce company, and search is going to play a huge part in helping entrepreneurs in China find buyers in China and around the world. And since our companies have very similar company cultures, with similar values, we felt that Yahoo represented the best partner with which to do search.

What are the main consequences for competition in the global market from your strategic movement?

You can see that e-commerce is converging at a much faster rate in China than in other countries, and I think the world is learning from this. Now, we have business-to-business marketplaces, consumer marketplaces, online payment and search under one roof. You will probably see a similar convergence trend outside of China, based on what people are learning in the China market.

Do you think the Chang Jiang/Yangtze spirit is stronger than the Silicon Valley Culture (where competitors like Google, eBay, even Yahoo Inc, were born)?

Interesting question. The Yangtze river delta is home to one of the most entrepreneurial engines in the world. Alibaba is based in Zhejiang Province, where the entrepreneurial spirit has to be seen to be believed. Although entrepreneurs are in industries that are seemingly low-tech, more and more are moving into high tech. So yes- I actually think the entrepreneurial spirit in the Yangtse river delta could be much stronger than in Silicon Valley. Today the industries may be ball bearings and bicycles. In the future it may be semiconductors and biotechnology.

Can you explain better the role of your 1000 sales force? Is it a secret advantage and a differentiation from Chinese and multinational competition?

Our sales force is critical to our success. We operate one of China's largest call centres and we have 14 local sales teams throughout China. We consider ourselves more a service company than an internet company, and the sales team's first role is to provide great service to our customers.

Why an English schoolteacher decided to play the card of Internet in 1995?

I could see that the Internet was going to change the world. And I knew that it was just getting started in China. So I decided there was no better way to really make a large contribution to China than get involved in the Internet.

Do you plan an IPO at Nasdaq in the near future? Or at other stock market?

We will go public some day but only when we feel we are ready. 3-5 years is the most reasonable time frame and Nasdaq is a very likely place.


(For more biz stories, please visit Industries)
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    国产精品美女久久福利网站| 亚洲婷婷在线视频| 国产成人综合在线播放| 国产午夜精品在线观看| www.色综合.com| 亚洲综合色噜噜狠狠| 欧美久久一二区| 激情亚洲综合在线| 国产精品青草久久| 欧洲一区在线观看| 青青草原综合久久大伊人精品| 日韩欧美一区二区不卡| 国产不卡视频一区| 亚洲一区二区3| 精品国产污污免费网站入口| hitomi一区二区三区精品| 亚洲成人动漫av| 久久婷婷成人综合色| 色诱视频网站一区| 青草国产精品久久久久久| 国产日韩欧美激情| 在线免费观看日韩欧美| 久久99热狠狠色一区二区| 中文字幕在线播放不卡一区| 欧美日本国产视频| 国产99精品国产| 亚洲国产精品久久久久秋霞影院| 欧美精品一区视频| 色丁香久综合在线久综合在线观看| 日本一不卡视频| 国产精品初高中害羞小美女文| 欧美日韩高清在线播放| 国产成人精品免费视频网站| 午夜欧美在线一二页| 国产午夜一区二区三区| 欧美性大战久久久久久久蜜臀 | 日本韩国欧美三级| 韩国三级中文字幕hd久久精品| 亚洲欧洲性图库| 精品国产成人系列| 在线一区二区三区四区五区 | 欧美一级专区免费大片| www.亚洲在线| 另类人妖一区二区av| 玉米视频成人免费看| 久久精品在这里| 欧美一区二区在线免费观看| 99精品欧美一区| 黑人巨大精品欧美黑白配亚洲| 亚洲精品成人少妇| 国产日韩在线不卡| 日韩一区国产二区欧美三区| 色哟哟欧美精品| 国产福利视频一区二区三区| 日韩专区在线视频| 亚洲免费伊人电影| 国产午夜亚洲精品不卡| 日韩视频免费观看高清完整版在线观看 | 综合欧美亚洲日本| 久久久夜色精品亚洲| 欧美剧情片在线观看| 91日韩在线专区| 狠狠狠色丁香婷婷综合久久五月| 亚洲成av人综合在线观看| 中文字幕在线不卡| 欧美激情资源网| 精品国产精品网麻豆系列| 欧美区视频在线观看| 91色视频在线| 99久久婷婷国产| 国产传媒日韩欧美成人| 久久99精品国产麻豆婷婷洗澡| 亚洲123区在线观看| 亚洲精品视频一区二区| 国产精品美女久久久久久| 精品国产电影一区二区| 日韩午夜激情av| 欧美老肥妇做.爰bbww| 欧美中文字幕久久| 欧美在线视频全部完| 色婷婷综合久久久| 99久久99久久综合| av一区二区三区四区| 成人午夜av电影| 国产大陆精品国产| 国产高清成人在线| 国产成人免费在线视频| 国产黑丝在线一区二区三区| 国产伦精品一区二区三区免费迷| 久久av中文字幕片| 黄色日韩网站视频| 激情六月婷婷久久| 国产美女精品在线| 国产在线不卡视频| 国产成人在线观看| 国产九色sp调教91| 风间由美性色一区二区三区| 成人一区二区三区视频| 成人18视频在线播放| 成人av午夜电影| www.视频一区| 91美女福利视频| 欧美综合在线视频| 欧美视频中文一区二区三区在线观看 | av在线综合网| 91色在线porny| 欧美亚洲高清一区| 欧美日韩免费不卡视频一区二区三区 | 久久亚洲精品小早川怜子| 久久综合久久综合亚洲| 久久久久国产免费免费| 国产日产欧美一区| 中文字幕一区日韩精品欧美| 亚洲人成精品久久久久久| 亚洲精品免费播放| 午夜精品视频在线观看| 欧美a一区二区| 国产一区二区在线影院| 丰满少妇久久久久久久| 91亚洲大成网污www| 色8久久精品久久久久久蜜| 欧美日韩国产综合视频在线观看| 日韩欧美一区二区不卡| 国产日韩精品一区二区三区| 亚洲色图丝袜美腿| 天天av天天翘天天综合网 | 欧美一卡2卡3卡4卡| 精品国产乱码久久久久久免费| 久久精品这里都是精品| 综合在线观看色| 婷婷开心久久网| 黄色日韩网站视频| eeuss鲁一区二区三区| 欧美午夜免费电影| 日韩片之四级片| 国产精品素人一区二区| 亚洲综合图片区| 久久99这里只有精品| 成人精品免费看| 欧美日韩免费高清一区色橹橹 | 日韩欧美在线一区二区三区| 久久久久国产精品厨房| 亚洲免费大片在线观看| 日韩精品福利网| 国产风韵犹存在线视精品| 色综合一区二区三区| 6080国产精品一区二区| 国产午夜精品久久久久久久| 亚洲女同ⅹxx女同tv| 日产精品久久久久久久性色| 成人小视频免费在线观看| 欧美色图一区二区三区| 2014亚洲片线观看视频免费| 亚洲精品欧美激情| 精品影院一区二区久久久| 91小视频在线观看| 日韩亚洲欧美高清| 国产精品传媒入口麻豆| 日av在线不卡| eeuss鲁一区二区三区| 91精品福利在线一区二区三区| 久久一留热品黄| 亚洲综合免费观看高清完整版在线| 极品瑜伽女神91| 欧美视频一区二区三区| 久久久亚洲精品一区二区三区| 亚洲综合在线视频| 高潮精品一区videoshd| 欧美一区二区高清| 亚洲婷婷综合色高清在线| 精品系列免费在线观看| 欧美亚洲国产一区二区三区| 国产欧美精品区一区二区三区| 日韩影视精彩在线| 一本色道综合亚洲| 久久久久久久久免费| 天堂资源在线中文精品| 91欧美激情一区二区三区成人| 欧美不卡一区二区三区| 亚洲永久免费av| 菠萝蜜视频在线观看一区| 精品国免费一区二区三区| 亚洲动漫第一页| 成人精品一区二区三区中文字幕| 欧美r级电影在线观看| 亚洲国产cao| 91影院在线观看| 久久伊人蜜桃av一区二区| 五月婷婷久久丁香| 91美女片黄在线观看91美女| 久久精品男人天堂av| 免费日韩伦理电影| 欧美日韩一区二区三区免费看| 国产精品家庭影院| 国产精品一区专区| 日韩欧美在线123| 亚洲成人av免费| 色综合中文字幕| 亚洲欧洲国产日韩| 东方aⅴ免费观看久久av|