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

Jack Ma

Jack Ma is a Chinese business magnate, philanthropist, internet, and technology entrepreneur, who is the founder and executive chairman of Alibaba Group.

1) During childhood, Jack Ma failed in his Primary School examinations, 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) The billionaire Jack Ma also revealed that he applied to Harvard University 10 times and was turned down each time. "I told myself, someday I will go and teach there."

4) When KFC came to China. 24 people went for the job, 23 people were accepted. He says, 'I 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 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 as they told him "it was the first time we saw a Chinese website".

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) Today Alibaba is valued at around $231.4 billion, larger than Amazon and Facebook both combined.

12) Jack Ma is Tai Chi enthusiast. He often hires Tai Chi masters to teach regular classes to employees in Alibaba at which the attendance is mandatory.

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