Amazing Life Journey of Alibaba Founder Jack Ma, Must Read !

Jack Ma

Jack Ma is a Chinese business magnate, philanthropist and entrepreneur, who is also the founder and executive chairman of Chinese e-commerce giant Alibaba Group.

1) Jack Ma failed in his Primary School examinations during his early childhood, not once but twice! He even failed thrice during his Middle School exams.

2) He even failed in the entrance exams thrice, before finally joining Hangzhou University.

3) Jack Ma also told that he applied to Harvard University 10 times and was turned down each time. 'He told himself that someday he should go and teach there'.

4) When KFC came to China 24 people went for the job interview, 23 people were accepted. He says that 'he was the only one who got rejected'.

5) Jack Ma learned English by giving foreign tourists free guides around his hometown Hangzhou.

6) Even his name "Jack" was given by a tourist from Tennessee who later became his pen friend.

7) Back in 1995, Jack Ma made his first trip to the US and tried the Internet for the first time. He entered "beer" and found no result about beer in China, and he then realized there was no data about China than on the Internet.

8) So as a trial they made a very ugly looking page about China, said Ma. He received emails immediately after the launch which states 'it was the first time they saw a Chinese website' from the users.

9) Jack Ma named the company in a coffee shop in San Francisco when he asked his waitress, what does she know about Ali Baba and she replied: "Open Sesame".

10) The first year of Alibaba, made almost no profit at all.

11) At present Alibaba is valued at more than $231.4 billion, which is larger than both Amazon and
 Facebook combined.

12) Jack Ma is also Tai Chi enthusiast, often he hires Tai Chi masters to teach classes regularly to employees in Alibaba, for which attendance is mandatory.

"They called me Crazy Jack. I think Crazy is good. We're  Crazy but we're not Stupid" - Jack Ma