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Alibaba: The House That Jack Ma Built

Key insights from Duncan Clark's

Alibaba: The House That Jack Ma Built


Key insights from Duncan Clark's

Alibaba: The House That Jack Ma Built

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8 minutes

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From humble beginnings to a global empire, explore the story of one of the world’s most fascinating figures.

It only took 15 years for former English teacher Jack Ma to build Chinese retail company Alibaba into the second largest e-commerce corporation in the world, up-ending traditional business models and providing employment for tens of millions of people. In this Snapshot, you’ll discover the key factors behind his amazing success, thanks to the author’s unprecedented access, interviews with insiders, and inspiring stories from key figures in Ma’s life.

Read this Snapshot if you:

  • Are interested in how retail giant Alibaba was founded
  • Enjoy learning how entrepreneurs build successful companies from nothing
  • Wonder how consumerism and business in China has changed
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Introduction

When Asian retail giant Alibaba’s initial public offering on the New York Stock Exchange in 2014 raised $25 billion, it set a record as the largest stock market flotation in history. Today, Alibaba is worth over $500 billion. Alibaba’s most popular website, Taobao.com, is the third most-visited site in China, and just like Amazon, you can find just about anything for sale there. But Alibaba actually surpasses Amazon because it has a much greater impact on China’s retail sector, thanks in part to its competitive edge in logistics, e-commerce, and finance. And unlike Amazon, it...

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