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Chinese businessman Jack Ma, who recently heads one of the world's largest online businesses, resigns Alibaba Group's resignation as CEO, coinciding with its 55th anniversary , after raising a fortune of more than 41 billion dollars. According to the Bloomberg Billionaires index.
Jack Ma, the richest business man in the country, announced Tuesday his resignation of Chinese e-commerce giant Alibaba Group after announcing a year ago that he would resign from his post as chairman and would remain a member of the board of directors.
The resignation of Jack Ma marks the end of a special period for Alibaba, which became the largest Internet company in the world after its inception in 1999. According to the Reuters news agency, Alibaba has 100,000 employees. According to the BBC, Daniel Chang should take office as CEO after Jack Ma leaves.
According to Rebecca Fanin, author of a book on technology giants in China, Jack Ma is "China Steve Jobs". It's hard to replace someone like Jack Ma in Alibaba after she resigns, "she said.
Before shining, Jack Ma, a former English teacher, faced several failures.
Jack Ma applied to more than 30 different jobs, but was rejected in each of them. Of the jobs offered by the police service, four out of five candidates were accepted, and he was the only one to refuse his application to KFC to sell fried chicken to which 24 people had applied.
Jack Ma bought his first computer at the age of 33. Alibaba is its third attempt to start a business, with Alibaba in 1999, with 17 people, according to Duncan Clarke, who wrote a book about Ma and is also president of a Chinese company. "The internet is promising early and it took time to find a car."
It is interesting to note that Jack Ma did not have the necessary technical training before learning on his own. Employees, or what can be described as "charisma" according to the Middle East.
Alibaba has become one of the largest retailers in the world. When she was listed on the New York Stock Exchange in 2014, Alibaba surpassed all records and recorded an initial public offering of $ 25 billion. Its founding coincided with China's rapid economic development and its membership in the World Trade Organization in 2001, according to Reuters.
Jack Ma posted a video on Alibaba 's Twitter account showing his return to the apartment where he had founded the band about 20 years ago. "It's where I've been working for probably a year," he said. You eat and sleep here. "We had to do something or go looking for a job."
One of Jack Ma's advice to young people is: "Do not worry. Any mistake is a wonderful income for you. I taught myself. Before the age of 20, be a glorious student. "When you go into the business, take a little business experience and, before the '30s, follow someone and work for a small business. "In big companies, you learn to be a small machine," says Jack Ma in a previous TV interview. But in a small business, aware of the meaning of desire and dream, you learn to do many things at the same time. Therefore, in your thirties, the size of the company you work for is not important, but most importantly, any head follows. A good manager teaches you differently. At 43, you have to work for yourself. For your own business. "
According to Business Insider, Jack Ma co-starred in a Kung Fu movie, sang at a music festival and loved the spotlight, before performing in front of Michael Jackson. In 2012, Jack Ma appeared in pop clothing to sing on the occasion of TaoBao's 10th birthday, according to The Virg.
Even after his resignation, Jack Ma seems to continue to love the spotlight. He intends to resign at a farewell party held at an 80,000-seat stadium in Hangzhou, where the company was founded several decades ago. Jack Ma should focus on charity and education after his resignation.
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