Ma Yun is chief executive officer (CEO) of the Hangzhou-based Alibaba Networking Technology Co in east China's Zhejiang Province.A former teacher of English in Zhejiang,Ma started the country's first e-commerce website - - in 1998.In just six years,it has become the leader in its field,serving well over 50,000 member traders in 200 countries and regions,with an annual business turnover amounting to about US$$10 billion.Heaven stands by iron-willed men Ma's story seems legendary."The first few years were pretty good for us," he recalled."In 2001 and 2002,however,the so-called 'Internet bubble' exploded and because of that,staying alive became our top concern." Despite the adversity,Ma did not give up his ambition of turning the company into the greatest of its kind in the world."I believe in the Chinese proverb 'Heaven stands by iron-willed men,'" he told the audience.
The success story of Ma Yun, founder of China's online trading empire--Alibaba, best illustrates the importance of innovation in realizing personal ambition and creating value for the society.
Ma Yun ,the creator of Taobao, who makes the most profitable day for e-commerce in theworld一Singles' Day, best illustrates the importance of innovation in realizing personal ambition and creating value for a nation.
His incredible achievements originating from the critical thinking even political heads both domestic and abroad: Li Keqiang, the Chinese premier,attracts attention was reported to conversation with him and more company in UK.
recently, British Prime Minister Cameron tried to convince and curiosity of have held close him to list his company in UK.
Ma yun, born September 10, 1964 is the founder, chairman and CEO of Alibaba Group. He is formally an English teacher at Hangzhou Teachers College.Ma was born in the city of Hangzhou, Zhejiang Province, China. Ma attended Hangzhou Teachers College and graduated in 1988 with a bachelor's degree in English. Ma initially failed the entrance exam twice. While at the school, Ma was elected student chairman. He later became a lecturer in English and International Trade at the Hangzhou Dianzi University. Ma first started building websites for Chinese companies with the help of friends in the US. In 1995, Ma founded China Yellowpages, widely believed to be China’s first Internet-based company. From 1998 to 1999, Ma headed an information technology company established by the China International Electronic Commerce Center, a department of Ministry of Foreign Trade and Economic Cooperation. He founded Alibaba in 1999, a China-based business-to-business marketplace site which serves more than 65 million members from more than 240 countries and territories. Ma now serves as chairman and CEO of Alibaba Group, which is a holding company with six major subsidiaries.