UID:
kobvindex_ZLB34797670
Edition:
Unabridged
ISBN:
9780062456953
Content:
" An engrossing, insider's account of how a teacher built one of the world's most valuable companies8212 rivaling Walmart &,Amazon8212 and forever reshaped the global economy. In just a decade and half Jack Ma, a man from modest beginnings who started out as an English teacher, founded and built Alibaba into one of the world's largest companies, an e-commerce empire on which hundreds of millions of Chinese consumers depend. Alibaba's $25 billion IPO in 2014 was the largest global IPO ever. A Rockefeller of his age who is courted by CEOs and Presidents around the world, Jack is an icon for China's booming private sector and the gatekeeper to hundreds of millions of middle class consumers. Duncan Clark first met Jack in 1999 in the small apartment where Jack founded Alibaba. Granted unprecedented access to a wealth of new material including exclusive interviews, Clark draws on his own experience as an early advisor to Alibaba and two decades in China chronicling the Internet's impact on the country to create an authoritative, compelling narrative account of Alibaba's rise. How did Jack overcome his humble origins and early failures to achieve massive success with Alibaba? How did he outsmart rival entrepreneurs from China and Silicon Valley? Can Alibaba maintain its 80% market share? As it forges ahead into finance and entertainment, are there limits to Alibaba's ambitions? How does the Chinese government view its rise? Will Alibaba expand further overseas, including in the U.S.? Clark tells Alibaba's tale in the context of China's momentous economic and social changes, illuminating an unlikely corporate titan as never before. "
Content:
Biographisches: " Duncan Clark, a former Morgan Stanley investment banker and fluent Mandarin speaker, has lived and worked in China for more than twenty years. He heads a team of more than one hundred at BDA China, the investment advisory firm he founded in Beijing in 1994. An expert on China's Internet sector, Clark is a former visiting scholar at Stanford University, where he welcomed Jack Ma on stage as a keynote speaker, along with the leaders of other leading China Internet firms including Baidu, Sina, and Tencent. " Rezension(2): "〈a href=http://www.audiofilemagazine.com target=_blank〉〈img src=https://images.contentreserve.com/audiofile_logo.jpg alt=AudioFile Magazine border=0 /〉〈/a〉:Narrator Jim Meskimen brings an unassuming charm and perfect timing to his performance of this engaging book about the Chinese ecommerce hub Alibaba. Alert to every nuance in the writing--he's a longtime associate of Jack Ma--Meskimen delivers this fast-moving narrative with appealing authority. Starting out as an English teacher in China, Jack Ma found the path to becoming a superstar entrepreneur in the days when the Internet was young and much of China's business took place in street markets. He overcame cultural, technical, and governmental obstacles to reel in the financial partners necessary to grow his Internet sales platform and ultimately defeat U.S. competitors. The story's texture and detail explain the personal and administrative challenges of this entrepreneur's journey, and provide a colorful overview of how China has become an economic juggernaut. T.W. � AudioFile 2017, Portland, Maine" Rezension(3): "〈a href=http://lj.libraryjournal.com/ target=blank〉〈img src=https://images.contentreserve.com/libraryjournal_logo.png alt=Library Journal border=0 /〉〈/a〉: March 15, 2016 Alibaba became famous in the United States in 2014 when it was listed on the New York Stock Exchange and became the largest initial public offering (IPO) in history. In China, the company has radically changed the way people shop and even created a national shopping holiday that surpassed Black Friday in sales. This book concentrates on the unique character and ambition of founder Jack Ma, while simultaneously chronicling the development of Alibaba from an apartment where you could count the number of cofounders...by the toothbrushes jammed into mugs on a shelf in the bathroom, to the multibillion dollar corporation that has transformed life in China. As an advisor to Alibaba in the early years, Clark (chairman, investment advisory firm BDA China) is qualified to provide riveting stories about Ma, including his becoming a Tai Chi master to his role in boardroom spats. The study will appeal to those interested in business, China, ecommerce, and readers who are curious about the vibrant personality behind one of the world's greatest success stories. VERDICT This absorbing and well-written portrayal of Ma's character, and his role in Alibaba's development will appeal to a wide range of readers. [See Prepub Alert, 10/19/15.] --Casey Watters, Singapore Management Univ.Copyright 2016 Library Journal, LLC Used with permission. " Rezension(4): "〈a href=http://lj.libraryjournal.com/ target=blank〉〈img src=https://images.contentreserve.com/libraryjournal_logo.png alt=Library Journal border=0 /〉〈/a〉: November 15, 2015 Former Morgan Stanley banker Clark, who's lived in China for over 20 years, explains how Alibaba became the world's second largest Internet company. With a 50,000-copy first printing. Copyright 2015 Library Journal, LLC Used with permission. " Rezension(5): "〈a href=http://www.kirkusreviews.com target=blank〉〈img src=https://images.contentreserve.com/kirkus_logo.png alt=Kirkus border=0 /〉〈/a〉: March 1, 2016 A study of the multibillion-dollar Chinese e-commerce conglomerate and its charismatic founder. Technology and financial expert Clark astutely profiles Jack Ma, the 51-year-old entrepreneur behind Alibaba, the Amazon of China that has become the world's largest online shopping mall. Having met Ma in 1999, the author recalls the former English lecturer's remarkably ambitious spirit and his intentions to overthrow the giants of Silicon Valley with the development of an unrivaled Internet-based business. Ma was backed by only a small handful of co-founders (his wife included), but the author pitched in and became an adviser to Alibaba in its infancy as it developed and gained a competitive edge through what Ma calls the iron triangle business plan: e-commerce, logistics, and finance, all of which Clark outlines in lucid detail. Further embellishing his portrait, the author also draws on his 20-year tenure living and working in China, and he shows the great impact of the multifaceted online experience on the country's financial and cultural climates. Clark cites the 2008 global financial crisis as the tipping point when China's economic focus turned inward to boost its own economy instead of primarily exporting goods overseas. Alibaba took the lead, launching itself with an online payment system and a host of subsidiary sites, which attracted small businesses to sell merchandise through their Web portals with no fees. Noting that the company remains governed by a customer first, employees second, and shareholders third philosophy, Clark contrasts Alibaba's camaraderie-centered campus culture, including employee incentives and commitment awards, with its initial struggle to find startup investors and earn commercial credibility. The author frequently highlights Ma's quirky, often contrarian personality and risk-taking management style. A particularly vigorous chapter on the struggle between Alibaba and e-commerce titans eBay and Yahoo for profitability and marketplace saturation in China dramatically demonstrates the volatility and competitiveness between businesses seeking to harness Internet consumerism. Useful, business-minded reporting on an unconventional corporate magnate, containing both corporate and human-interest perspectives. COPYRIGHT(2016) Kirkus Reviews, ALL RIGHTS RESERVED. "
Language:
English
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URL:
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