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Friday, September 19, 2014

Jack Ma and Alibaba Conquers the New York Stock Exchange!


I just love this guy, Jack Ma of Alibaba because we almost started at the same time.  In 2003, when my business took off, he tinkered with his company, Alibaba, so that he could compete with Ebay which was entering China at that time.

Ebay has since closed in China and now Alibaba is the hottest IPO in the NYSE! And even with all the perceived China backlash in the business world, it is ironic that this Chinese company will be getting a lot of investors' money from Americans!  

He's also an English teacher!  No fancy MBA degrees, no Ivy League connections. 
No need for that because after his IPO opens in the NYSE, his company will be flushed with cash that may help Alibaba become as famous worldwide as Facebook, Twitter, Ebay and Paypal.

Sa totoo lang kasi, who needs the rest of the world when in China alone, you already have more than 1 billion customers!  Jack Ma will have the best of both worlds - a firm footing in China - and now, a chance to finally conquer the world!

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