(Please let the pics open. Might take some time on a slower connection.
If you can't see the pictures, right click the small Red-Cross and choose Show Picture to view it.)
You may also like:
Can you Find the Hidden Bird in the Photo
Jack was born on October 15, 1964 in Hangzhou, China.
He was born to traditional musician-storyteller parents and grew up while China was at the peak of communism, with little to no contact with the world beyond its borders. It is said that his favourite pastime as a child was to collect crickets.
His first job, as a teenager, was guiding tours.
After US President Nixon's first visit to Hangzhou, the tourism industry in the city boomed and Jack quickly stepped in as a tour guide, being paid with lessons in English. In fact, one of the American kids that he befriended named him Jack, claiming that his real name was a little hard to pronounce.
Jack flunked his university entrance exams twice.
The third attempt was a charm though, and Jack enrolled himself to the Hangzhou Teacher's Institute where he studied English. He graduated in 1988 and went through a bout of unemployment including a rejection from KFC before he finally got a job as a teacher at a local university earning a modest ₹800 a month.
Jack's first Internet company wanted to sell Chinese beer in America.
On his first visit to America as a translator, Jack was introduced to the Internet and found that there were no portals for information on Chinese beers. Naturally he decided to create a website for it, which failed due to a lack of funding.
He convinced 17 of his friends to invest in Alibaba.
In 1999, after several failed attempts at creating an Internet company, Jack founded a business-to-business marketplace site which served as a portal for exporters to list their products. The same year Alibaba gathered a funding of over ₹167 crores from companies like Goldman Sachs and Japanese telecom company SoftBank.
In 2013, Alibaba broke the record for the biggest IPO in US history.
Alibaba, by then a US-listed company, went public in September, 2013, with a ₹10 lakh crore IPO. The IPO alone rocketed Jack's net worth to over ₹1.6 lakh crores.
Sources claim Jack coined the company 'Alibaba' while at a café in San Francisco.
At the moment, estimates by Yahoo - who own 40% shares in the company - claim that the Alibaba Group could be worth over ₹10 lakh crores by 2016 and is fast on its way to dominate the international e-commerce market.
Click Here for More Amazing Stories
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Want More Interesting Mails in your Inbox?
Request a Membership by Clicking HERE
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Today's Most Popular Topics on Internet:
- Karlie Kloss Bares her Ossum Thighs (Sexy)
- Rihanna's Tiniest Bra Barely Hangs On (Sexy)
- Sonal Chauhan Lifts Skirt on her Thigh (Bollywood)
- Sapna Pabbi sizzles in Braless Dress (Bollywood)
- How Insensitive! - Calling a cab (Funny Video)
- What your Birth Month Means (Astro)
- Funny Cartoons Added To Instagram Photos (Sexy)
- Best Credit Card Offers? (Finance)
- Government expenses, Personal Uses (Animation)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
__._,_.___
Posts
0 comments:
Post a Comment