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G7- Jack Ma - On 60 Minutes CBS 600_phpB0FRak ([1] Jack Ma (Rules for…
G7- Jack Ma - On 60 Minutes CBS
[1] Jack Ma
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Rules for success
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Don't complain, look for opportunities
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Story
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He raised initial round of funding for Alibaba within 2 hours.It was $60,000
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[2] Alibaba Group
Origin
Being a translator in U.S,Jack Ma was captivated by Internet but search nothing when typing ''China''
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Jack Ma found some friends and former students to invest Internet with just over $50,000 in seed money
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Relative corporation
Alimama
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How does it work
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there are lots of small company in China, this help they add ad to increase reputatiin
Fliggy
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Future
Focus on the young customer ,and personalize products to conduct market competition
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Shopping website
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eTao
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Contains more than 5,000 e-commerce business
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Alipay
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Function
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Value,withdraw and transfer cash from bank
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