Alibaba

In just over a decade, Jack Ma transformed his humble beginnings as an English teacher into the creation of Alibaba, now the second largest Internet company globally. The company's $25 billion IPO in 2014 was the largest ever, surpassing the valuations of Facebook and Coca-Cola. Today, Alibaba supports hundreds of millions of Chinese consumers and provides jobs for tens of millions, establishing Ma as a symbol of China's thriving private sector. With exclusive interviews and firsthand insights, the narrative delves into how Alibaba and Ma have reshaped the economic landscape, inspiring entrepreneurs worldwide while challenging Silicon Valley giants. Key questions arise: How did Ma build Alibaba from modest origins? What fuels his relentless ambition and competitive edge? With over 80% of China's e-commerce market, can Alibaba sustain its dominance? As it ventures into financial and media sectors, will the Chinese government impose limits on its ambitions? The book contextualizes Alibaba's journey within China's economic boom, highlighting the rise of the private sector and Internet usage that propelled the country to become the second largest economy with the largest online population. It also examines the political and social backdrop of these changes, offering a unique perspective on a corporate titan and the significant role of his company in transforming China and expanding its global influence.