This document summarizes the background and career of Jack Ma, the founder and former CEO of Alibaba Group. It details that Ma was born in China in 1964, failed the university entrance exam three times, and worked as an English teacher before starting his internet career. In 1999, Ma founded Alibaba in his apartment with 17 friends, and grew it into one of the largest e-commerce companies in the world through competing in the Chinese market rather than internationally.

2. “Share of E-commerce in china
is likely to be the defining
measure of success on the Net”
Meg Whitman
Former CEO eBay

3. “EBay is the shark in the ocean
We are crocodile in the Yangtze River”
“If we fight in the ocean we will lose
But if we fight in the River we will win”
Jack Ma
CEO Alibaba Group

4. A former
English Teacher
in 1999 With his
17 Friends
Started Alibaba
from his
Apartment

5. Ma Yun was known as Jack MA
Jack Ma was born on September 10 in
Hangzhou , Zhejiang Provision, CHINA

6. Ma parents were traditional
Musician-Story teller

7. When China opened the doors for
Foreigners
Jack guide them around the city for free
to practice and improve his English

8. He Became Pen pals with one of the
Foreigners and She was the one who gave
him name JACK because original name
was difficult to Pronounce

9. Jack Failed
university 3 times
he attended
Hangzhou
university and
graduated in 1988
with a bachelor
degree of English

10. After 9 years of learning and teaching English
JACK opened a translation Company and got
opportunity to go USA as a translator

11. In 1994 Ma heard about internet in USA
He searched about the word BEER but he
couldn't found any result from CHINA

12. Ma and his friend created a
very ugly looking Website
related to china

13. Ma and his friend collected $20,000 in 1995 and they
started a internet company known as CHINA YELLOW
PAGES

14. With in Three years company had
¥5,000,000 which was equivalent to
$800,000

15. In 1999 Jack Ma back up with is 17 friends
founded ALIBABA.COM which is a online
Marketplace

16. In October 1999 and 2000 ALIBABA won twice
total of a $25 million international capital
investment

17. Alibaba become one of the most valuable tech
companies in the world after raising $25 billion
from the IPO

18. Jack ma
Executive
chairman of
ALIBABA
GROUP holding
9 Subsidiary
companies