Alibaba: The House That Jack Ma Built
By Duncan Clark
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About this ebook
In just a decade and half Jack Ma, a man who rose from humble beginnings and started his career as an English teacher, founded and built Alibaba into the second largest Internet company in the world. The company’s $25 billion IPO in 2014 was the world’s largest, valuing the company more than Facebook or Coca Cola. Alibaba today runs the e-commerce services that hundreds of millions of Chinese consumers depend on every day, providing employment and income for tens of millions more. A Rockefeller of his age, Jack has become an icon for the country’s booming private sector, and as the face of the new, consumerist China is courted by heads of state and CEOs from around the world.
Granted unprecedented access to a wealth of new material including exclusive interviews, Clark draws on his own first-hand experience of key figures integral to Alibaba’s rise to create an authoritative, compelling narrative account of how Alibaba and its charismatic creator have transformed the way that Chinese exercise their new found economic freedom, inspiring entrepreneurs around the world and infuriating others, turning the tables on the Silicon Valley giants who have tried to stand in his way.
Duncan explores vital questions about the company’s past, present, and future: How, from such unremarkable origins, did Jack Ma build Alibaba? What explains his relentless drive and his ability to outsmart his competitors? With over 80% of China’s e-commerce market, how long can the company hope to maintain its dominance? As the company sets its sights on the country’s financial and media markets, are there limits to Alibaba’s ambitions, or will the Chinese government act to curtail them? And as it set up shop from LA and San Francisco to Seattle, how will Alibaba grow its presence and investments in the US and other international markets?
Clark tells Alibaba’s tale within the wider story of China’s economic explosion—the rise of the private sector and the expansion of Internet usage—that haver powered the country’s rise to become the world’s second largest economy and largest Internet population, twice the size of the United States. He also explores the political and social context for these momentous changes. An expert insider with unrivaled connections, Clark has a deep understanding of Chinese business mindset. He illuminates an unlikely corporate titan as never before, and examines the key role his company has played in transforming China while increasing its power and presence worldwide.
Editor's Note
Inside the biggest marketplace…
Find out how the “Amazon of China” revolutionized the Chinese marketplace and became the company with the largest IPO in history, written with an insider’s perspective by one of Alibaba’s earliest advisors. A crucial look at one of the world’s biggest leaders.
Duncan Clark
Duncan Clark, a former Morgan Stanley investment banker and fluent Mandarin speaker, has lived and worked in China for more than twenty years. He heads a team of more than one hundred at BDA China, the investment advisory firm he founded in Beijing in 1994. An expert on China’s Internet sector, Clark is a former visiting scholar at Stanford University, where he welcomed Jack Ma on stage as a keynote speaker, along with the leaders of other leading China Internet firms including Baidu, Sina, and Tencent.
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Reviews for Alibaba
167 ratings12 reviews
- Rating: 2 out of 5 stars2/5A full account of Jack Ma's rise to the internet mogul that ALibaba has made him.The book was well-written but lacked humpor. I found it tough reading.
- Rating: 5 out of 5 stars5/5Excelente e inspiradora historia! Jack Ma nos recuerda que la clave está en soñar lo más grande posible desde el principio
- Rating: 3 out of 5 stars3/5Probably a very simplistic phenomenon of what is Jack Ma and Alibaba but still an interesting read for people interested in knowing more about one of the biggest internet companies of the world.
- Rating: 5 out of 5 stars5/5Great introduction to Alibaba and it's Charismatic founder. The odds against which not just Ma but many of his contemporaries battled, to make it in China's internet business space, are awe inspiring.
- Rating: 5 out of 5 stars5/5Great business biography about one of the most astonishing companies of our time!
- Rating: 4 out of 5 stars4/5This is the interesting story of an ambitious young boy and how English became the catylyst for a failed trip to America at an opportune time. Knowing nothing about IT he gambled on establishing Hangzhou as the first city in China to host the internet. Help from Yahoo and Softbank bootstrapped his vision and he cleverly established himself a 40 percent stake in Aliholdiings. amusing read and it is nice to know he too is an avid reader just like Jeff Bezos.
- Rating: 5 out of 5 stars5/5Its a great book how to be giant form our thinking and doing .
- Rating: 4 out of 5 stars4/5Great! For those who keen to start your own e-commerce startup this book suits you!
- Rating: 5 out of 5 stars5/5Excelente libro que habla del proceso y los beneficios del negocio electrónico gran ejemplo para las empresas
1 person found this helpful
- Rating: 5 out of 5 stars5/5The book tell us a great great history, about a man, a country, and the internet boom in China. The man is Jack Ma, a great visonary who changed things for a better world. The country is China, the fastest growing economy in the last 120 years of capitalism. And the Internet is the whole history. The book analyzes each of them wonderfully. I recommend.
1 person found this helpful
- Rating: 5 out of 5 stars5/5Great book, insightful story of how Alibaba becomes the influential e-commerce company over many other competitors whom also aim for the same goals. To me, his people skill and the consistent in his business view strike out as the most valuable factors that lead to his successes as now.
1 person found this helpful
- Rating: 5 out of 5 stars5/5amazing book very inspiring and highly educational... read it please