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Thread: alibaba

  1. #1
    Join Date
    Aug 2014
    Location
    Selangor
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    98

    alibaba

    http://www.forbes.com/sites/ryanmac/...t-us-ipo-ever/

    IPO price is USD68 per share and market capitalization is valued at USD167.6 billion, which is ahead of Amazon.com of USD150.2 billion and behind Facebook of USD200.2 billion.

    After IPO, price surged 38% and closing price on 1st trading day is USD97 and market cap is ahead of Facebook now !!

    Your 1gomen investment arm, Khazanah also benefited from alibaba. Khazanah, one of the institutional investors of alibaba invested USD220miilion in 2012. The investemnt is worth USD1.4 billion now.

    An article about the founder, http://business.financialpost.com/20...s-richest-man/

    Want to know more interesting stories about the founder, read Chinese websites…

  2. #2
    Join Date
    Feb 2008
    Location
    Subang Jaya
    Posts
    4,231
    The Jack Ma unabashed interview....


    'Jack Ma: If You're Poor At 35, You Deserve It!!'....


    "Before I founded Alibaba, I invited 24 friends to my house to discuss the business opportunity........The verdict: 23 out of the 24 people in the room told me to drop the idea".................

    "There was only one friend.......[and here's what the friend said - that inspired him].....>>>Click Here To The Rest<<<


    And there's more....some advise thrown in too.....

    "Jack Ma: People lose out in life because of these 4 reasons": [Read@Link Above ]


    And on being poor......the Reason You Are Poor Is : "You are poor, because you have no ambition."...[plus a handful more reasons]

    Finally in typical style he says.....

    "Go big, or go home. Otherwise, you're wasting your youth."


    So go read....good advise and insights...after all - He is China's richest person.

    >> Here Is Link Again<<

  3. #3
    Join Date
    Aug 2014
    Location
    Selangor
    Posts
    98

    I read with interest from the link about Juliet Wu Shihong, the general manager for Microsoft 1985-1998 and IBM 1998-1999.

    When Wu started off in a big company working from the lowest ranks, her daily job was to pour tea and sweep floors. Once, because she forgot her staff pass, the company’s guard stopped her at the door and denied her entry. She explained to the guard that she was indeed one of the company’s employees, and that she had merely left the building for a short while to purchase office supplies. Despite her pleas, the guard still did not allow to enter. As she stood at the gate, she watched as those of similar age to her, but smartly dressed in business attire walking through without having to show their passes. She asked the guard, “Why are these people allowed through without producing a pass?” The guard dismissed her coldly nonetheless.

    That was the turning point for Wu – she felt great shame, her self-esteem trampled on. She looked at herself, dressed in shabby clothes and pushing a dirty push cart. Looking back at those dressed in smart attire, her heart felt a deep ache from the sudden realization of the sorrow and grief from being discriminated. From that moment, she vowed never to allow herself to be shamed like this again, and to become world-famous
    ."



    It was an entirely different story for Jack Ma…

    He was a teacher and he also worked part-time as a tour guide/translator in his hometown, Hangzhou (杭州). One day, Jack Ma saw a senior lecturer cycling a bicycle on the way back from market. A basket filled with local vege at the back of the bicycle and the lecturer trying hard to ascent a hilly road. Suddenly, he realized this is him in future when he is a senior lecturer earning a “golden bowl” but miserable salary for the rest of his life !!

    This was the moment he knew he deserved to be poor if he did not change…

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