Alibaba Owner, once a failed student, now worth £140 billion

Date: 20-09-2014 12:18 pm (9 years ago) | Author: Olu Nig
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- at 20-09-2014 12:18 PM (9 years ago)
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Online retail giant Alibaba, owned by Jack Ma swell, has been valued at £140billion, more than Walt Disney and Coca-Cola, Ebay, Amazon, after the biggest stock market flotation in US history.

Ma Swell, the 50-year-old founder was born in the Chinese city of Hangzhou, but twice failed his college entrance exam. And he later enrolled on a teacher training course before working as an English teacher on less than £10 a month.

He visited the US in 1995 realised the potential of the internet and four years later, he launched a website named alibaba, where firms buy and sell goods online.

Alibaba now accounts for more than 80% of internet retail sales in China, and handles more transactions than eBay and Amazon combined.

The successful share sale saw the fortune of founder Jack Ma swell to £11billion, confirming him as China’s richest man.

http://www.nigerianheadlines.com/alibaba-owner-once-failed-student-now-valued-140-billionn/

Posted: at 20-09-2014 12:18 PM (9 years ago) | Newbie
- daveobahon at 20-09-2014 01:07 PM (9 years ago)
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Buhahahahaha I swear many more 2 fall 4 ds.i think say na our onw Alibaba Grin Grin Grin
Posted: at 20-09-2014 01:07 PM (9 years ago) | Gistmaniac
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- allenspike at 20-09-2014 01:11 PM (9 years ago)
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Dats gud to hear

Posted: at 20-09-2014 01:11 PM (9 years ago) | Gistmaniac
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- mary11 at 20-09-2014 01:49 PM (9 years ago)
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i come dey wonder say "na so dat comedian get money reach" tank Goodness i read d full gist if not i 4 go dey argue outside say our own alibaba is worth £140billion

Posted: at 20-09-2014 01:49 PM (9 years ago) | Hero
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- mary11 at 20-09-2014 01:49 PM (9 years ago)
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i come dey wonder say "na so dat comedian get money reach" tank Goodness i read d full gist if not i 4 go dey argue outside say our own alibaba is worth £140billion

Posted: at 20-09-2014 01:49 PM (9 years ago) | Hero
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- DRraze at 20-09-2014 01:56 PM (9 years ago)
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Hahaha! U got M̶̲̥̅ε̲̣̣̣̥ there! I for rush enter comedy with the name AliPikin.
Posted: at 20-09-2014 01:56 PM (9 years ago) | Gistmaniac
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- Ritabrenice at 20-09-2014 02:17 PM (9 years ago)
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I even tink say na our alibaba for naija, I be wan shout oo...
Posted: at 20-09-2014 02:17 PM (9 years ago) | Gistmaniac
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- Gedens at 20-09-2014 02:31 PM (9 years ago)
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Mtcheeeeew. Thought it is our own Alibaba, cos d last time I checked, am worth more than him.
Posted: at 20-09-2014 02:31 PM (9 years ago) | Upcoming
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- odprince at 20-09-2014 02:45 PM (9 years ago)
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LOL,HAHAHAHAHAHAHA..UNA GO KILL PERSON HERE............ALIBABA IS NOW ON THE NEWS.....
Posted: at 20-09-2014 02:45 PM (9 years ago) | Gistmaniac
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- cocoeni at 20-09-2014 03:02 PM (9 years ago)
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 Cheesy Cheesy Cheesy dis one na china Alibaba the billionnaire not naija own ooo
Posted: at 20-09-2014 03:02 PM (9 years ago) | Hero
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- morgrawl231 at 20-09-2014 03:41 PM (9 years ago)
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MR MONEY,,,,
Posted: at 20-09-2014 03:41 PM (9 years ago) | Hero
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- dareper at 20-09-2014 06:39 PM (9 years ago)
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I know the man, we use to play snooker game together anytime I visit china to import goods. Very simple man
Posted: at 20-09-2014 06:39 PM (9 years ago) | Hero
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- Trueyarn at 20-09-2014 07:39 PM (9 years ago)
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Ok,we hear u.
Posted: at 20-09-2014 07:39 PM (9 years ago) | Hero
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- schmit at 20-09-2014 08:47 PM (9 years ago)
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Am Alimama since money dey d name
Posted: at 20-09-2014 08:47 PM (9 years ago) | Hero
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- beneno at 20-09-2014 09:04 PM (9 years ago)
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 Roll Eyes  Roll Eyes  Roll Eyes  Roll Eyes
Posted: at 20-09-2014 09:04 PM (9 years ago) | Addicted Hero
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- daveobahon at 20-09-2014 09:11 PM (9 years ago)
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whch 1 cum b d original n whch one cum b China Roll Eyes Roll Eyes
Posted: at 20-09-2014 09:11 PM (9 years ago) | Gistmaniac
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- orekiata at 20-09-2014 09:14 PM (9 years ago)
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Quote from: dareper on 20-09-2014 06:39 PM
I know the man, we use to play snooker game together anytime I visit china to import goods. Very simple man
lol
Posted: at 20-09-2014 09:14 PM (9 years ago) | Gistmaniac
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- orekiata at 20-09-2014 09:14 PM (9 years ago)
(f)
Quote from: dareper on 20-09-2014 06:39 PM
I know the man, we use to play snooker game together anytime I visit china to import goods. Very simple man
lol
Posted: at 20-09-2014 09:14 PM (9 years ago) | Gistmaniac
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- paulohking at 20-09-2014 10:51 PM (9 years ago)
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money no know say person ugly o...... Roll Eyes Roll EyesRoll Eyes
Posted: at 20-09-2014 10:51 PM (9 years ago) | Hero
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- long-guy at 20-09-2014 11:30 PM (9 years ago)
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I for Fear
Posted: at 20-09-2014 11:30 PM (9 years ago) | Upcoming
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