Review of the book "Alibaba -The House that Jack Ma Built" by Duncan Clark

1. Submitted by-
Ravleen Kaur
19DM157

2. • Former Morgan Stanley investment banker
• Fluent Mandarin speaker
• Lived and worked in China for 20 years
• Consulted for Alibaba
• Alibaba Group Holding is a Chinese e-
commerce company
• Amazon of the east
• World’s largest retailer
• Jack Ma- Founder and former executive
Chairman

3. Iron Triangle
Finance
E-Commerce
Logistics

4. From a Student to a Teacher to a Successful Entrepreneur
• No background in Technology
• Jack Magic- Charm and Charisma
• Jack Ma’s mantra
• Learning English
• Isolated China
• Opened borders to tourists
• Improve and learn the
language
• 1st Venture- Hangzhou Haibo (Hope)
• 2nd Venture- China Pages- Listings
Directory
• Alibaba
• Name-easy to pronounce
• Investments
• Dot-com Bubble
• “be the last man standing”

5. The ups and downs
• 2002- Alibaba entered consumer e-commerce market
• 2003- Taobao (hunting for treasure) was launched
• By Chinese for Chinese, specifically for Chinese audience
• eBay- interpreted the culture wrong
• Yahoo- tried and failed to crack Chinese market
• eBay left Chinese market. Sales grew from $2billion to $30 billion
• 2014- IPO- largest internet IPO
• Rose to glory- almost $30 billion in sales
• Share prices fell- dispute between Jack and government
• Jack’s enthusiasm in life – helped him overcome all challenges

6. • Interesting- English teacher became an influential
personality
• Knowledgeable- business environment and business
strategies
• Fascinating- Chapters- eBay vs Alibaba
• Appreciate- Management style of Jack Ma (learning
environment)
• Helpful- Traits of a successful individual
• Ability to overcome adversity
• Unique leadership qualities

7. THANK YOU