Asia's Richest Man, Jack Ma, Has Huge Ambitions for Alibaba

Posted In: News Date:Sep 12th, 2017

around 40,000 employees of Chinese e-commerce giant Alibaba Group swarmed to Hangzhou City from dozens of countries and regions all over the world just to attend a party. The event celebrated Alibaba’s 18th anniversary as well as the birthday of the company’s executive chairman, Jack Ma, who was born on September 10, 1964.

At the fancy annual fete, Ma dressed up in a glamorous costume and entertained thousands of his employees by performing classic dances inspired by superstar Michael Jackson. After the dancing, he changed back into a white shirt and made a speech brimming with ambition.

“Today’s Alibaba is not an ordinary company; it is already a new type of economic entity,” said Ma, “in terms of size, Alibaba is already the world’s 21th largest economic entity today.” Then he put forward his grand goal for the Group: “In another 19 years, we aim to make Alibaba the world’s 5th largest economic entity… We hope to provide 100 million jobs around the world, serve 2 billion consumers, and create a profit platform for 10 million small and medium enterprises.”