Jack Ma

Jack Ma

Ma Yun, male, Han nationality, CPC member, was born in Hangzhou City, Zhejiang Province on September 10, 1964. His ancestral home is Gulai Town, Shengzhou City, Zhejiang Province. He is the main founder of Alibaba group. He is now the director of Softbank of Japan, chairman of the Chinese Council of the Nature Conservation Association and member of the global board of directors, director of Huayi Brothers, director of the life science breakthrough Award Foundation, and director of the United Nations High Level Group on digital cooperation Co chair.

He graduated from the Foreign Language Department of Hangzhou Normal University in 1988. In the same year, he was a teacher of English and international trade in Hangzhou Institute of electronic technology. In 1995, he founded China yellow page, the first Internet business information publishing website in China. In 1998, he became the general manager of guofutong Information Technology Development Co., Ltd., China's international e-commerce center. In 1999, he founded Alibaba, and served as the CEO and director of Alibaba group Chairman.

In May 2013, he resigned as CEO of Alibaba group and continued to serve as chairman of the board of directors of Alibaba group. On June 30, Ma Yun was elected as co chairman of the Council of the global Internet governance alliance. In September 2019, Jack Ma stepped down as chairman of Alibaba's board of directors and continued to be a member of Alibaba Group's board of directors.

On December 15, 2017, he was awarded "influence China" education figure of the year in 2017. On September 10, 2018, Ma Yun issued an open letter announcing that he would step down as chairman of the group's board of directors on September 10, 2019, and be replaced by CEO Zhang Yong. In December 2018, the Party Central Committee and the State Council awarded Comrade Ma Yun the title of reform pioneer and the reform pioneer medal. In March 2019, Ma Yun ranked 21st on the Forbes Global billionaire list with a fortune of US $37.3 billion. On May 10, 2019, Ma Yun and other 17 outstanding global figures were appointed as the new advocates of sustainable development goals by UN Secretary General Guterres.. In October 2019, he won the Forbes Lifetime Achievement Award. In October 2019, he was selected into the list of multinational business leaders of Forbes of the year 2019. On September 30, 2020, Jack Ma will no longer be a director of Alibaba group.

Character experience

Early years

Born in Hangzhou, Zhejiang Province, on September 10, 1964, Ma Yun's grandfather worked as a bodyguard during the Anti Japanese war. After liberation, he was classified as "black five" and named "Ma Yun". He hoped that Ma Yun would be clever and sensible in the future and avoid making trouble. When he was 12 years old, Ma Yun bought a pocket radio. From then on, he listened to English radio every day and became interested in English. Since 13 years old, Ma Yun had been forced to transfer to Hangzhou No.8 Middle school because he had too many demerits in fighting. After Ma Yun took the senior high school entrance examination, he took two years to get into a very ordinary high school, in which he only scored 31 points in mathematics.

In 1982, Ma Yun participated in the college entrance examination for the first time and failed for the first time. He only scored 1 point in mathematics. Ma Yun was full of frustration. Later, he went to a hotel with his cousin to apply for a waiter. As a result, his cousin was hired and he was rejected. The boss gave the reason that Ma Yun was thin, short and bad looking. Later, Ma Yun worked as a secretary and porter. Ma Yun failed in the college entrance examination. His father malafa saw that he was depressed and asked him to send books to the magazine.

In 1983, Ma Yun took part in the college entrance examination for the second time and failed again. His math score increased to 19. Ma Yun's parents advised him to give up his heart to go to university and learn a craft. Later, Ma Yun began to ride his old bicycle through the streets of Hangzhou.

In 1984, despite his family's strong opposition, Ma Yun took the college entrance examination for the third time. This time, he scored 89 points in mathematics, but he was still 5 points short of the total undergraduate line. Due to the insufficient enrollment index of English major, some excellent English students got the chance to be promoted. Ma Yun was promoted to foreign language major by Hangzhou Normal University. After entering the University, Ma Yun became a good student with excellent character and learning, and won the top five in the foreign language department with his excellent English. Later, Ma Yun was elected president of the student union, and later served as chairman of the Hangzhou Federation of students for two terms.

Teacher work

In 1988, Ma Yun graduated from the Department of foreign languages of Hangzhou Normal University with a Bachelor of Arts degree. Later, he was assigned to Hangzhou Institute of Electronic Technology (now Hangzhou University of Electronic Science and Technology) as a lecturer in English and international trade. After that, Ma Yun became an excellent young teacher in Hangzhou and launched the first English corner beside the West Lake. He became famous in the translation field in Hangzhou.

In 1992, because many people came to ask Ma Yun to be a translator, Ma Yun set up Haibo translation agency to invite retired teachers to be translators. In order to survive, Ma Yun went to Yiwu and Guangzhou with big sacks. Haibo translation agency began to sell flowers and gifts. It also sold medicine for a year, ranging from big hospitals to barefoot doctors.

In 1994, the revenue of Haibo translation agency was flat. Among them, bill, a foreign teacher from Seattle, and Ma Yun talked about the Internet. Ma Yun began to look for opportunities and decided to start a business.

In early 1995, Haibo translation agency began to make money. Ma Yun came to Los Angeles as an interpreter to communicate and implement a failed expressway investment. Fly from Los Angeles to Seattle to find bill. Bill leads Ma Yun to visit VBN, the first ISP company in Seattle.

Start a business for the first time

In March 1995, Ma Yun resigned from Hangzhou Institute of electronic technology. He took out 6000 or 7000 yuan, borrowed more than 10000 yuan from his sister and brother-in-law, and made up 20000 yuan to start a business.

In April 1995, Hangzhou Haibo Computer Service Co., Ltd., China's first Internet business company, was established. The three employees are ma Yun, his wife Zhang Ying and he Yibing.

In May 1995, China yellow page was officially launched, and Ma Yun began to do business with his friends. At this time, China is still three months away from being able to access the Internet.

In July 1995, China yellow page created a website for Zhejiang Provincial Foreign Publicity Office to publicize Zhejiang's economy and culture, which is called "Golden Pigeon project".

In March 1996, Ma Yun decided to merge with Hangzhou Telecom because Hangzhou Telecom also established a Chinese yellow page and food sharing market. China's yellow pages are priced at 600000 yuan, accounting for 30% of the shares, while Hangzhou Telecom has invested 1.4 million yuan in cash, accounting for 70% of the shares.

In 1997, after being invited by the Ministry of foreign trade and economic cooperation to set up China international e-commerce center (EDI) in Beijing, Ma decided to give up China yellow pages. He sold 21% of his Chinese yellow pages to the company at a price of 20-30 cents per share and got back more than 100000 yuan. After that, Ma Yun and his team developed a series of websites in Beijing, including the official website of the Ministry of foreign trade and economic cooperation, online china commodity exchange market, Online China Technology Export Fair, China Merchants, online Canton Fair and China foreign trade and economic cooperation.

Founded Ali

In March 1999, Ma Yun officially resigned from his official post. Later, Ma Yun's team, known as 18 Arhats, returned to Hangzhou and started a new round of entrepreneurship with 500000 yuan to develop alibaba.com.

On April 15, 1999, alibaba.com was officially launched. Cai Chongxin, vice president of investab, flew to Hangzhou to discuss investment after hearing about Alibaba. After talking with Ma Yun for four days, he decided to resign and join Alibaba.

In October 1999 and January 2000, Alibaba raised $25 million from Softbank and other international investment institutions.

On May 10, 2003, Ma Yun founded Taobao and began to seize the C2C market of eBay.

In 2003, Yuri Milner visited China for the first time and was introduced to Ma Yun.

In December 2004, Ma Yun founded the third party online payment platform Alipay.

On August 17, 2005, Yahoo announced that at the cost of US $1 billion in cash and all assets of Yahoo China, it will obtain US $1 billion investment from Yahoo in exchange for 40% of the shares and 35% of the voting rights of Alibaba founded by Jack Ma, who will be the chairman of the board of directors of Yahoo China.

In 2005, when Yuri Milner had taken a stake in Jingdong, Milner became the founder of Alibaba

Jack Ma

Contact with the "circle capital", successfully invested in the purchase of Alibaba's single digit proportion of shares.

In November 2007, Alibaba Network Co., Ltd., founded by Jack Ma, was listed on the main board of the stock exchange of Hong Kong.

On October 31, 2008, Alibaba Co., Ltd. and Hangzhou Normal University jointly established Alibaba Business School of Hangzhou Normal University, with Ma Yun as the chairman.

On May 10, 2013, Jack Ma officially stepped down as the CEO of Alibaba group, and Lu Zhaoxi succeeded Jack Ma as the CEO of Alibaba group.

On May 28, 2013, Alibaba group, Yintai group, Fosun Group, Fuchun group, Shunfeng, Zhongtong, Yuantong, Shentong, Yunda and other private express companies jointly established rookie Network Technology Co., Ltd. and started the construction of China's intelligent backbone network (CSN) project. Ma Yun was appointed as the chairman of rookie Network Technology Co., Ltd.

On August 22, 2013, on the occasion of the 9th anniversary of UC Youshi, Ma Yun, chairman of Alibaba's board of directors, and Yu Yongfu, chairman of UC Youshi, announced by e-mail to all UC employees that Ma Yun would be a director of UC Youshi.

On November 8, 2013, Ma Yun attended the 21st degree awarding ceremony of Hong Kong University of science and technology and received the honorary doctorate in Business Administration from the University.

On September 19, 2014, Alibaba group was officially listed on the New York Stock Exchange.

On October 23, 2015, "2015 xinzhongli · Hurun it rich list" was released. 51 year old ma Yun and his family won the first place in China's IT industry with 135 billion yuan of assets, and their wealth increased 540 times in 13 years.

October 26, 2015, Forbes China

Chinese PinYin : Ma Yun