A Huffalump did his business here...: Google Could Use Some of Ma’s Alibaba Magic - China

Tuesday, September 26, 2006

Google Could Use Some of Ma’s Alibaba Magic - China

A lot negative things have been written about Google and its problems in China recently, so it was with interest I saw a very up-beat profile of Alibaba’s Jack Ma in the Economist this week.

As anyone who has met Ma will know, he is positively buzzing with energy, and this is part of what drives the company’s culture and performance. The Economist reports that he has “rock-star” status among China’s netizens, but for those who are new to the Alibaba phenomenon, the paper notes that Alibaba is …:

• The world’s largest online B2B marketplace
• Asia’s most popular online auction site
• 12th most popular website in the world

Not bad going for a small outfit from Hangzhou (near Shanghai). Especially when he says that he “knew nothing about technology…didn’t have a plan and…and didn’t have any money”. Alibaba is also one of very few Chinese companies (and even fewer private ones) that is an innovating world-beater. The Economist quotes Bob Peck of Bear Stearns:

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