国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Biz Photos

Top 10 mistakes made by Jack Ma

Updated: 2014-09-24 07:02 (chinadaily.com.cn)
Comments

Jack Ma and Alibaba, two names that have been familiar to China for decade, have been praised by many Chinese small business merchants on Taobao, an online shopping website.

In 2013, Jack Ma once said that if he ever publishes a book he will title it One Thousand and One Nights of Mistakes of Alibaba.

By quoting American diplomat Edward John Phelps, "the man who makes no mistakes does not usually make anything", it seems Jack Ma and his Alibaba empire have achieved something, although without doubt many mistakes have been made by the group during its 15 years of development and expansion.

Here are the top 10 mistakes that the company is unlikely to highlight in its reports. The mistakes are ranked in chronological order.

NO 10 Relocating headquarters

In interviews with various media outlets, Jack Ma has said that Alibaba was established in the living room of his 150-square-meter apartment in Hangzhou city in 1999.

As the company expanded, thanks to the support by one of its original founders, Joe Tsai, the firm secured $5 million from a consortium of investors in October that year, and raised $20 million from an investor group led by Japanese SoftBank a year later.

After securing the money, Ma decided to relocate the domestic headquarters from Hangzhou to Shanghai, the so-called business center of China, and to move the global base to Silicon Valley.

It turned out that the environment was not right for the firm. The headquarters in the US took a hit when the dot-com bubble exploded, while the Shanghai office faced the reality of few small manufacturing companies interested in going global. The strategy caused distress and dismay to its number one priority, the customers.

Wu Xiaobo, a financial analyst, said this was the first mistake Ma made.

Top 10 mistakes made by Jack Ma
Head office building of Alibaba.com in Hangzhou, East China's Zhejiang province. [File photo/IC]

Top 10 mistakes made by Jack Ma Top 10 mistakes made by Jack Ma

Top 10 mistakes made by Jack Ma

 Alibaba jumps more than 40% in trading debut

 Alibaba makes its mark on Wall Street

To US consumers, China's Alibaba is a non-entity

Previous Page 1 2 3 4 5 6 7 8 9 10 Next Page

Photo
...
...
永平县| 罗源县| 延长县| 福安市| 莒南县| 大冶市| 长海县| 巩留县| 兰州市| 金昌市| 商河县| 樟树市| 磐安县| 南丰县| 平谷区| 郧西县| 满城县| 桂东县| 兴安盟| 隆昌县| 南昌县| 夏河县| 陆河县| 龙南县| 砀山县| 房产| 白朗县| 台州市| 开远市| 武鸣县| 永清县| 湖北省| 旬邑县| 平定县| 巩义市| 手游| 仁化县| 平湖市| 濮阳县| 崇左市| 府谷县|