Only recently Yahoo sold of its stakes in Alibaba for $150 Million and today Alibaba is making big claims as it turns ten. It is the second most popular Internet company as well having the second highest Internet offering in Hong Kong’s stock exchange following Google. The big claims it made today are its aims to create 100 million jobs and employ more than 10 million people. Huge numbers and it sounds Jack Ma is living in a Utopia, but given the reach Alibaba has those numbers appear to be pretty achievable and those goals have been set for the next decade.
Now when jack ma mentioned 10 million people working at Alibaba, it wasn’t in a literal sense. Meaning he pointed at the bulk of netrepreneurs that make use of its platform and software. It has got numerous service next to its name which include, Taobao, the Chinese eBay, its retail website, Alimama and Alipay the most popular online payment platform in the region. It has grown quite exponentially over the years and I have little doubt over it achieving its aims in the decade to come.
Tags: alibaba, China
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