The Monthly Episode - December 2021 - The Billionaire Episode - 26

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In 1995, during a company trip to USA, he was fascinated
with the powers of internet. In a friend’s place in Seattle, he
searched “beer”. He found beers from Germany, USA and
other countries. Then he searched “China” and still got
nothing. There in he saw an opportunity to bring China on the
world’s map.
 

He started China Pages, a version of yellow pages but it did
not work out. Then he joined a government agency in Beijing
to start a website for the government.

In 1999, Ma decided to start again in Hangzhou. With his wife
and a group of friends, he raised $80,000 and started Alibaba,
a B2B selling platform and by 2000, he raised $25 million
from investors including Goldman Sachs and SoftBank.

By 2003, he started Tabao, where sellers could sell to each
other, a sort of Modern day Amazon. He declared war on Ebay
who had just entered the Chinese market.

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Highlights

FROM THE EDITOR

FROM THE EDITOR

The story of Ambani - the younger one - Anil Ambani

The story of Ambani - the younger one - Anil Ambani

Steve Jobs VS Bill Gates

Steve Jobs VS Bill Gates

Money Heist - The End

Money Heist - The End

The King of Good Times - Vijay Mallya

The King of Good Times - Vijay Mallya

Interview with Bhamini Puri

Paris Hilton - The self-made Heiress

The rise and fall of Jack Ma

Nirav Modi - The Jeweller of Kings

Interview with Bhamini Puri

Paris Hilton - The self-made Heiress

The rise and fall of Jack Ma

Nirav Modi - The Jeweller of Kings

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