99 TIP: Billionaire Jack Ma and the Founding of Alibaba

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In this episode, Preston and Stig learn about the Chinese billionaire Jack Ma. Jack is the founder of the internet company, Alibaba, which is the biggest internet company in Asia. His company has over 407 million users and quickly growing. Within the next five years, Alibaba may ship more packages per day than all the daily mail in the United States. Preston and Stig learn about Jack by reading Duncan Clark’s new book, Alibaba.

IN THIS EPISODE, YOU’LL LEARN:
– About the business culture in China where 16 hours, 7 days a week, is not uncommon
– If Jack Ma is really a Chinese Jeff Bezos – or perhaps it’s the other way around
– Why the 9th biggest website in the world is completely unknown to the west
– Why eBay and Yahoo failed to enter the Chinese market
– Ask The Investors: If India is a good country to invest in right now

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DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

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