Jack Ma born in a very poor family in China, how did this man learn a song from his childhood and learn a song from reward and rise to become a ruling force. Jakma who grew up to be the richest person in China with the intelligence that the big one is his own difficulty because Jack Ma spoke a word against the Chinese government, the Chinese government destroyed his business empire that Jack Ma had worked hard to build for 35 years in just 30 days but what did Jakma actually say against the Chinese government in the last two I will tell you today what are the reasons for the collapse after starting as an English teacher in a small school and growing up to be one of the richest person in the world. Jakma was born in a lower middle class family in 1964 in a place called Hangzhou in China. Jakma who grew up in any situation grew up loving English from a young age because of the radio and some books. But unfortunately he did not have any resources to learn English because China is a communist country which means they do not have any contact with the outside world but with foreign languages so the Chinese government at this time because of this a man named Jack Ma was introduced to the world the same Chinese open door policy until then. In China foreigners were not allowed to do business but to visit as tourists. After the policy came in 1970 many foreigners came to China. So Jack Ma got an opportunity to learn English.
A tourist guide turned porner learned English slowly from us while showing places in China so remember this because from where you understand how important language and communication skills are for a human being Jagma has been talking about his education purpose even from his childhood days or in his personal plan. He faced various difficulties. For example.he failed 2 times to complete primary school but failed 3 times to complete intermediate. Also he applied to Hormod University and failed ten times. Finally, he graduated from a local college in China and applied for a job in KFC company out of 84 people who applied for that job. 23 people were selected and only Jak Ma was rejected so you understand how bad the situation is. Jakma started his career as an English teacher in a small school. Jakma went to America for the first time in 1995 when he was running a career as a school teacher. Basically you should know one point here because China is a communist country the outside world does not know what is happening in that country, and those in China do not know what is happening outside so even though he went to America from China he noticed one thing while talking to his friend in America. Jakma who was born and raised in China since he was a child did not know what the real internet was after learning how to use the real internet a friend asked him Do you know what was set in Jakmas first time internet.
The point here is that there is not a single company related to China. Jakma understood that there are many companies that can manufacture every item in China, but none of them are doing business by selling their products abroad. This is because the Internet was already there in China, but how to use it. No one knows what to do now Jakma has an idea to start his own business and also has a plan how to execute it, so he immediately went to China and created a website with his friends. It creates a platform to put the details of the products they are making and selling. Jack Ma put a lot of hopes on this business but unfortunately it failed but the reason for this is that this website only gives the product details but there are no options to buy or sell those products on this website. Not even a single rupee could be earned. So finally Jakma learned a lesson from this failure that is if you design a website that can do complete buy and sell transaction and not just product details, it will definitely be successful. Alibaba..com came from this failure in 1999. Started a Beat Bee Model website Here you need to know a little difference Two words are heard a lot when talking about business model Let me tell you the same with B to B and Building. See B to B means Business to Business and B to C means Business to Customer. For example Alibaba is a Bitu B company while Amazon is a BTC company. How do these work If Amazon delivers a product from a business to a customer Alibaba It delivers products from one business to another.
Simply put if a company in India wants to buy a product from a company in China it can be bought through Alibaba.com Business has changed the world Within a few days of Alibaba start in China internet usage has increased so much that even Jakma is using the Chinese internet in an unexpected range many companies in China are earning crores of rupees worldwide employment is created for many Chinese youths huge investment is coming to China from abroad, but who knows the reason for all this, be careful because Alibaba company already owns 80% market share in the internet business in China big investment agencies have invested heavily in Alibaba company. Alibaba founded by Jack Ma in a small room suddenly grew into a 60 million company, but as explained the dot com bubble cross happened at the same time, which means that the stock market around the world accepted the sun and all the companies that do business through the Internet came to a situation of closing down. The same ebay that asked has established a new company Jakma Chasma who is determined to face this e-commerce company in any way has established a new company the same taobao creates a free online platform for business from customers this is called C to C business model. Similar kind of concept by advertising that it is an American company to beat anyway by inciting the local feeling among the Chinese people. Jack Marchala easily defeated eBay as a company many times bigger than itself. It is only the beginning because in 2008 Jakma started a new company which is the same model company as same Amazon which is a company that delivers a product from business to customer
If you see here if business is covered then customer is covered similarly with a company called D Mall directly from business to customer They have been successful in providing products to customers in 2014 Jackma invested his Alibaba company in New York as a stock market. Its value is 24 billion dollars, which is the largest IPO of companies listed in the whole world. Jack Ma has become the richest man and the most influential person not only in China but also in the world. Jack Ma, who built the Alibaba empire by working hard, made a small comment against the Chinese government, and today he has come to a situation where he is invisible not only in the world, but even in China. But what is the reason for this? After being a big success in the US stock market digital transactions, loans, insurance and finance management services are provided under the group. This company named Ant Financial established in 2014 was also a big success so Jack Ma who wanted to list it in the American stock market registered it as an IPO. Do you know how much its value is 36 billion Dollars would definitely have been a good company in the old white if it had been listed. This is where a mistake was made. Speaking at a conference in China on October 24, 2020, Jackma criticized the Chinese financial regulatory system which means that the financial system in China has always followed the old rules to regulate the future. The Chinese government has introduced a new regulation to try to do so on November 2 in 2020 according to that policy, Jacma suspended the financial company that was going to list in the American stock market as the largest IPO.
The Chinese government removed UC Browser the largest web browser in China, from many app stores in China saying that it is a company related to Jacma. 2012 December Chinese Government Investigation Starting with the Alibaba company has done all the business in China and created a rumor saying that this company will regulate the monopoly power. On December 28 in 2020 focusing on the Chinese government financial company this company is not only doing payment services but not in finance business like insurance and belt management. In response Even offered shares in his company to compromise with the Chinese government at the same time, but no matter how many good deeds he did the Chinese government did not help Jack Ma’s hard earned empire.
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