This little guy was a English teacher and now becomes the richest guy in China and one of the richest in the world in just 15 years. His Alibaba made the biggest IPO in the U.S. history. Everybody is talking about Alibaba and their worries. But do you really know what is Alibaba and how influential it has been in the world. I can just tell you Alibaba is the American Amazon, ebay, Paypal, Google Cloud, UPS and even more combined. It provide a platform for more than 5 million small and medium size companies in China and provides more than 10 million jobs. And a lot of new stuff is moving on. It is so true that if you want to know the country, you should go and live there and then you realize how stupid you were learning a country by just reading newspapers. I firmly believe that as the company ecosystem becomes more and more matured, Alibaba will become the biggest internet company in the world in next 5 years since right now it is already No. 2.
Posted on: Sat, 20 Sep 2014 22:02:22 +0000
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