Jack Ma, born Ma Yun, is a Chinese businessman who co-founded Alibaba Group in Hangzhou in 1999 and built it into one of the world's largest e-commerce and technology companies, serving as its executive chairman until stepping down in 2019. A former English teacher who was rejected from dozens of jobs before turning to entrepreneurship, he also co-founded the digital payments platform Alipay and the microfinance arm Ant Group. He largely withdrew from public life after an October 2020 speech criticizing Chinese financial regulators was followed by the abrupt suspension of Ant Group's planned initial public offering and months of increased regulatory scrutiny of his businesses.
Facts
BirthplaceHangzhou, Zhejiang, China 1 Defining ContributionCo-founded Alibaba Group in 1999 as a business-to-business e-commerce marketplace and built it into a multinational technology conglomerate, serving as executive chairman until 2019. 1 Notable Work Connections
Associated With
Source Wikipedia, Alibaba Group IPO
Source Jack Ma (Wikipedia)
Jack Ma built Alibaba as a platform connecting buyers and sellers rather than a traditional retailer holding its own inventory.
Source Jack Ma (Wikipedia)
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Sources
1. Jack Ma (Wikipedia)
WikipediaLead section
Ma Yun (Chinese: 马云; pinyin: Mǎ Yún; born 10 September 1964), also known as Jack Ma, is a Chinese businessman and philanthropist.
Lead paragraph, parenthetical birth note
born 10 September 1964
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is a Chinese businessman and philanthropist
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In 1999, he co-founded Alibaba Group, initially as a business-to-business (B2B) e-commerce marketplace and later expanded into a multinational conglomerate.
Lead paragraph, second sentence
co-founder of Alibaba Group and Yunfeng Capital
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Ma Yun
- Associated With: Platform Business Model
- Associated With: E-commerce Industry
View the Source Wikidata: Jack Ma
Wikidata Q1137062, class allow-list match (w-wdresolver-0926)View the Source Wikipedia, Alibaba Group IPO
WikipediaAssociated With: Alibaba Group Initial Public OfferingView the Source Reader Challenges (0)
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