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Presentation
On
History of Successful New Ventures
By
SOHRAB KAKAR
MBA- Sem lll
Mkt “C” Division
Jack Ma or Ma Yun
.
Biography
 Name: Jack Ma or Ma Yun
 Born : October , 15, 1964
 Country : China
 Founder : Alibaba Group
 Net Worth : ...
Beginning to Success
 At an early age, Ma developed a desire to learn English so he
rode his bike each morning in order t...
Beginning to Success
 He became pen pals with one of these foreigners and she was
the one who gave him the name "Jack", b...
Beginning to Success
 At first he started building websites for Chinese companies
with the help of friends in the US.
 H...
Career
In 1994, Ma heard about the Internet.
In early 2000, he went to the US and with his friends' help he got introduced...
Alibaba
In April 1995, Ma, his wife and a friend collected twenty
thousand dollars and started an Internet company.
Their ...
Alibaba
 From 1998 to 1999, Ma headed an information technology company
established by Government
 In 1999, he decided t...
Alibaba Group
 Ma wanted to improve the global e-commerce system and from
2003 he founded (Taobao, Alipay, Ali Mama and L...
Rewards
 In October 1999 and January 2000, Alibaba twice won a total
of a $25 million international venture capital inves...
Rewards
 In 2004, he was chosen “Top 10 Business Leaders of the Year”.
 In 2005, Ma was selected by the World Economic F...
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Ppt on jack ma

  1. 1. Presentation On History of Successful New Ventures By SOHRAB KAKAR MBA- Sem lll Mkt “C” Division
  2. 2. Jack Ma or Ma Yun .
  3. 3. Biography  Name: Jack Ma or Ma Yun  Born : October , 15, 1964  Country : China  Founder : Alibaba Group  Net Worth : $49 billion  Position : Executive Chairman of Alibaba Group
  4. 4. Beginning to Success  At an early age, Ma developed a desire to learn English so he rode his bike each morning in order to go to a nearby hotel and converse with foreigners.  He would guide them around the city for free in order to practice and improve his English.  He did this for nine years.
  5. 5. Beginning to Success  He became pen pals with one of these foreigners and she was the one who gave him the name "Jack", because his real Chinese name was too difficult to pronounce.  Later in his youth, and although he failed the university entrance exam three times.  and went on to further education and finaly graduated in 2006.
  6. 6. Beginning to Success  At first he started building websites for Chinese companies with the help of friends in the US.  He has said that "the day we got connected to the Web, I invited friends and TV people over to my house," and on a very slow dial-up connection, "we waited three and a half hours and got half a page.... We drank, watched TV and played cards, waiting.  But I was so proud.  I proved (to my house guests that) the Internet existed.  He encountered a computer for the first time at the age of thirty-three.
  7. 7. Career In 1994, Ma heard about the Internet. In early 2000, he went to the US and with his friends' help he got introduced to the Internet. During his first encounter he searched the word "beer". Further, he tried to search for general information about China and again was surprised. So he and his friend created an "ugly" website related to China. Within five hours of creating the website he had received emails from some Chinese wishing to know about him. This is when Ma realized that the Internet had something great to offer.
  8. 8. Alibaba In April 1995, Ma, his wife and a friend collected twenty thousand dollars and started an Internet company. Their company was dedicated to creating websites for companies. He named their company "China Yellow Pages.“ Within three years, his company had made U$800,000.
  9. 9. Alibaba  From 1998 to 1999, Ma headed an information technology company established by Government  In 1999, he decided to quit and went back to Hangzhou with his team in order to found Alibaba in his apartment with a group of 17 friends.  He started a new round of venture development with U$800,000.  Alibaba is a China-based B 2 B marketplace site which currently serves more than 79 million members from more than 240 countries and territories.
  10. 10. Alibaba Group  Ma wanted to improve the global e-commerce system and from 2003 he founded (Taobao, Alipay, Ali Mama and Lynx.  After the rapid rise of Taobao, eBay offered to purchase the company but Ma rejected their offer, instead garnering support from Yahoo $1 billion investment.  In September 2014 it was reported Alibaba raised $25 billion, the largest initial public offering in US financial history.  Ma now serves as executive chairman of Alibaba Group, which is a holding company with nine major subsidiaries.
  11. 11. Rewards  In October 1999 and January 2000, Alibaba twice won a total of a $25 million international venture capital investment.  The program was expected to improve the domestic e- commerce market and perfect an e-commerce platform for Chinese enterprises, especially SME.
  12. 12. Rewards  In 2004, he was chosen “Top 10 Business Leaders of the Year”.  In 2005, Ma was selected by the World Economic Forum as a “Young Global Leader”.  And was named one of the “25 Most Powerful Businesspeople in Asia” by Fortune magazine.  in 2007 He was selected by Businessweek as a “Businessperson of the Year”.  in 2008 one of the 30 “World’s Best CEOs” by Barrons .  In May 2009, Ma was honored by Time magazine with inclusion into the Time 100 list of the world’s 100 most influential people.

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