3. The Problem
China
Ningbo Feihong Precision Motor Co.
Changzhou Smart Automation Motor Manufacturing Co.
TT Motor (Shenzhen) Industrial Co.
Beginning in early 2000s
4. The Problem
China America
Ningbo Feihong Precision Motor Co.
Changzhou Smart Automation Motor Manufacturing Co.
TT Motor (Shenzhen) Industrial Co.
5. The Problem
China America
Changzhou Smart Automation Motor Manufacturing Co.
TT Motor (Shenzhen) Industrial Co.
???
Ningbo Feihong Precision Motor Co.
6. The Problem
China America
Ningbo Feihong Precision Motor Co.
Changzhou Smart Automation Motor Manufacturing Co.
TT Motor (Shenzhen) Industrial Co.
8. Founder Jack Ma
“When we started, nobody believed that
China would have e-commerce because
people believe in ‘guanxi’ (relationship),
face-to-face, and all kinds of networking
and traditional ways. There was no
trusting system in China.”
18. Prediction
Business model is sound and diversified.
Share of revenue drawing from China online retail operations has
increased.
Depends on China’s economic growth.