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Alibaba

Alibaba

By Duncan Clark

The House That Jack Ma Built. Ecco, 2016.

0.0 / 0

13 mins read

12 Key insights

A brief summary of Alibaba

The inspiring, thought-provoking, and complete story of Jack Ma, founder of global shopping network Alibaba, and his rise from modest English teacher to technology genius and financial magnate.

Key insights in Alibaba

1
What do you get from this book? The inspirational, motivational, and compelling story of Jack Ma’s rise to financial success
2
Alibaba rises to the top of e-commerce due to a shift in Chinese spending and the “Iron Triangle”
3
“Free” basic service draws in new customers and creates a virtual marketplace that transforms online shopping
4
Jack Ma’s big secret is that he is a “nice guy” who never gave up even when faced with adversity
5
A failed company and a trip to America introduce Ma to the internet
6
Ma’s business gets overtaken, but he finds inspiration in Yahoo and financial support from Goldman Sachs
7
China’s government worries about foreign influence, and the dot-com “bubble” finally pops
8
Alibaba markets to Chinese consumers, fights eBay, and makes a billion-dollar contract with Yahoo
9
Ma’s company successfully goes public but feuds with Yahoo and the Chinese government
10
Summary of the key insights
11
Selected critiques in brief
12
Final word

Who should read Alibaba

Entrepreneurs • investors • technology experts • e-commerce vendors • finance managers • educators

About the author of Alibaba

British-born author Duncan Clark has dedicated his professional career to the research, study, and development of finance with a special emphasis on Chinese investment. Clark has utilized his fluency in Mandarin to build connections with top-level Chinese executives and open his own Beijing investment firm. He currently lives and works in China.

author avatar

Duncan Clark

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