by shruti mokta

The success  story of Alibaba

What started as a small e-commerce platform in China has now become ...

Alibaba/Google

world's largest  e-commerce company

Started by an English teacher Jack Ma and with his 17 friends,

Jack Ma/Google

Alibaba Group has become the most successful e-commerce platform in the world

how did alibaba become successfull

?

It was started in 1999 as a wholesale online marketplace called Alibaba. 

Alibaba/Google

In 2000 Softbank invested about $20 million. By Dec 2001, Alibaba had crossed 1 million users.

In the following years, another shopping website Taobao was started by Jack Ma. They also launched Aliwangwang, an instant messaging tool for Taobao and Alipay Alipay

In 2005 it took control of China Yahoo operations, and Alimama was launched, an online platform for marketing technology.

They also launched Tmall and Alibaba cloud. It also overtook HiChina, a leading internet service provider.

AFTER THIS,

Alibaba/Google

Jack Ma/Google

- Jack Ma

"

“Never Give up. today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.” 

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