First non AMERICAN company to be valued up to $400 billion?HIS success storysteemCreated with Sketch.

in #business7 years ago (edited)

You know him

The traditional market place has seen little change over the past few 100 years.you got a buyer and you got a seller which then leads to a transactions.but over the past couple of decades thing have started to change at an unprecedented pace and perhaps no company is reshaping that experience more than ALIBABA .

WHAT IS ALIBABA?

ALIBABA is the one of the largest retailers but the company has more than 500 million peoples using his shopping apps a very month and if you thinking its scale is limited to china,well then again it has operation in more than 200 countries the company was founded by jack maa in 1999 with 17 other people and he knew he was on to something big
Jackma said
" when i have a competator like google or Ebay we can learn a lote from him.''

so we can decided to improve over self we should have care of us Alibaba set the record for the biggest IPO in the history which took place at newyork stock exchange in 2014 and this year ,Alibaba was the first company in Asia to exceed 400$ billion valuation mark, an honour that had previously only been held by american companies.''

alibaba is the amongest other globely ecommerce giants transforming the market place from this,to this .the company has made up of 3 websites Taubao , Tmall and Alibaba.com combined they have hundred and million of users, and host millions of merchant and businesses. Which means they can be pretty much users by anyone,any where ,for any thing.

So how does he even work?
so I can understand you more clearly is that he is managing everything need in this process by his own you need to do transaction for any shopping from Alibaba use Ali pay for it He even manage his shipping company and managing even messaging apps and browsing apps like UC browser. the simple is that he make his own thing which he is even use in all process from production to shipping he manage it
Even you have no money to sell any product use Ant fincial to get financing the loan help to make your own product and sell it on Alibaba .
So from to buying to selling. digital payment and even financing you have done it on.and movie studio ,shipping company picture site and even browser his own after that he is becoming non american first company which worth more than$ 400 billion .

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Its really alive motivation

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