Behind every success story there is always a failure and patience.
Every successful person has a life full of challenges. Today we would like to talk to you about a company that is globalizing in the world. We will talk about a company that was born in China and is now globalizing in the world. ALIBABA.COM's story has also gone through many failures, but jack ma is a name that doesn't give up.
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STUDENT YEARS
The story of a young man who has always been unsuccessful in his business
and general life, and his indomitable, indomitable story are perhaps at a level
to inspire us. Jack ma, whose real name is Ma Youn, was a student with a passion
for learning English. He very much wanted to learn English. For this, he had
the opportunity to visit the places where tourists are concentrated and talk to
them, and he thought that this would improve his English. Despite being
unsuccessful at school, she finished with double stitching and now has to go to
college. He had Harvard University in mind. Although he applied 10 times, he
was always rejected. He eventually got a job teaching English at a university
in his hometown.
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After graduating from school, he had to go into business and earn money. He
took the police exams to become a policeman, but although he was one of the 5
people who passed the exam, he was the only person who was not considered
suitable for the police and was not recruited. When KFC entered the Chinese
market, it could not find a place in its 25-person staff, and 24 people who
applied to it were recruited, and he was the only one who was not hired. Do you
think it's coincidence or luck? Was the divine power pulling him somewhere
else? In 1995 he went to the USA as a translator. While working there, he met
the internet thanks to a friend. He loved the internet. An idea formed in his
head. He established a website called English translation in his own branch.
But he didn't take it either.
INTRODUCTION TO BUSINESS LIFE
He is establishing a site that will promote the products of Mac China,
which has returned to its country. While it wasn't successful for its own good
at first, it was very successful for Chinese manufacturers. Companies started
to promote and even sell their products to the world, but alibaba.com could not
make a profit from it. When he returned to the USA, he met many angel investors
who started looking for partners on albaba.com, but no one believed or invested
in his project. He needed to find money. He needed resources to run and grow
his business. At first he considered collecting donations through the site.
However, only registered users can participate in this donation, which will be
insufficient. He had an idea and decided to present his company to the public.
This way, people from all over the world can partner with his company and find
the resource they are looking for. It so happened that he took his company
public in China and grew by raising all the necessary capital for his company.
COMPANY'S PRESENT STATUS
Now, it continues its adventure as a company that has managed to become one
of the few e-commerce sites in the world, reaching more than 110 million people
and increasing its value to 3 trillion dollars.
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• The largest b2b (firm to firm) e-commerce platform.
• It brings together buyers and sellers from 241 countries.
• It has 46 million registered users worldwide, of which 35.8 million are
from China.
• Alibaba.com has 600 thousand paid users.
• It has offices in 51 different countries.
• The total number of employees of Alibaba Group is 18 thousand.
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