By Liu Shiying,Martha Avery
The first in-depth examine the multibillion-dollar corporation Alibaba.com—known to many as "China's eBay"—and the inspirational tale in the back of the guy who created it.
A bestseller in China and now translated into English and up to date with fresh occasions, Alibaba via Liu Shiying and Martha Avery tells the striking tale at the back of the web phenomenon Alibaba.com and its founder Jack Ma, a guy Barron's named one of many World's best 30 CEOs in 2008. Ma's upward push to prominence provides a riveting tale: regardless of growing to be up in China in the course of the Cultural Revolution—in a interval of overall nation keep watch over of the economy—he constructed the prepared entrepreneurial instincts that propelled him to billionaire prestige and enabled him to construct an organization outdoor the standard executive channels. those instincts and conduct integrated martial arts education and allowed him to acknowledge, early on, that the net may well leverage his corporation to fast progress and likewise rework the best way enterprise is finished all over the world.
Alibaba.com, the place companies should buy and promote every little thing from air beds to zippers, all started with a modest preliminary funding of $60,000 and has grown exponentially due to the fact its founding in 1999 to develop into the world's greatest business-to-business site. In 2007 it grew to become the second one biggest IPO in background (after Google), and Fast Company has named it one of many world's such a lot leading edge businesses. for this reason, clever traders and know-how insiders may be holding a detailed eye on Alibaba for future years. even if you are trying to comprehend China's meteoric upward thrust, or simply looking for the subsequent Google, Yahoo!, or Amazon, Alibaba is essential reading.
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