User:Wenping Xu/Sample page

Jack Ma Yun
-Born in 10 September 1964

-Chinese business magnate, investor and philanthropist

- co-founder of Alibaba Group, Yunfeng Capital

- a multinational technology conglomerate.

- a Chinese private equity firm

Experience

'Ma was born in Hangzhou, Zhejiang on September 10, 1964 as Ma Yun''. He became interested in English as a young boy and began practicing with English speakers in the Hangzhou International Hotel. Ma's grandfather served as a security guard during the Second Sino-Japanese War. At the age of 12, Ma bought a pocket radio and began listening to English radio stations frequently. For nine years, Ma rode 27 km (17 miles) on his bicycle every day to work as a tour guide of Hangzhou for foreigners in order to practice his English. He became pen pals with one of those foreigners, who nicknamed him "Jack" because he found it hard to pronounce his Chinese name. When Ma was 13 years old, he was forced to transfer to Hangzhou No. 8 Middle School as he kept getting caught in fights. In his early school days, Ma did not fare well scholastically, and it took two years for him to gain acceptance at an ordinary Chinese high school, as he only got 31 points in mathematics on the Chinese high school entrance exam.'''

career

In 1994, Ma heard about the Internet and also started his first company, Hangzhou Haibo Translation Agency, an online Chinese translation agency. In early 1995, he travelled abroad to the United States on behalf of the Hangzhou municipal government with fellow colleagues who had helped introduce him to the Internet. Although he found information related to beer from many countries, he was surprised to find none from China. He also tried to search for general information about China and again was surprised to find none. So he and his friend created an "ugly" website pertaining to information regarding Chinese beer. He launched the website at 9:40 AM, and by 12:30 PM he had received emails from prospective Chinese investors wishing to know more about him and his website. This was when Ma realized that the Internet had something great to offer. In April 1995, Ma and his business partner He Yibing (a computer instructor), opened the first office for China Pages, and Ma started their second company. On May 10, 1995, the pair registered the domain chinapages.com in the United States. Within a span of three years, China Pages cleared approximately 5,000,000 RMB in profit which at the time was equivalent to USD$642,998 (approximately $1.18 million today).

Alibaba

Alibaba Group Holding Limited, commonly referred to as Alibaba, is a multinational conglomerate founded in 1999 by Jack Ma and a group of 17 others. The company is headquartered in Hangzhou, China, and has grown to become one of the world's largest and most valuable technology conglomerates. Alibaba is known for its diverse range of businesses that span e-commerce, cloud computing, digital media, and entertainment

Alipay

Alipay is a widely used digital payment platform and financial services app that was launched by Alibaba Group in 2004. Originally created as an online escrow service to facilitate secure transactions on Alibaba's e-commerce platforms, Alipay has since evolved into a comprehensive mobile payment platform with a wide range of financial services.