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    China'S Internet Has Won The World'S Best Bet On Ma Yun'S Cover Of Fortune Magazine.

    2007/12/7 0:00:00 24

    The latest issue of the Fortune International Edition is Ma Yun, the founder and chairman of the Alibaba group, the parent company of Alibaba, which has just been listed in Hongkong. This is the first time that the most authoritative financial magazine has chosen a CEO of China Internet Corporation as its cover. It is also a rare choice of Chinese cover characters (several of them were Li Yifei and Li Dongsheng), indicating the influence of the global economic circle on China's Internet economy.

    This article entitled "Ma Yun Dao" wrote: "he has realized the most popular Internet company IPO since Google.

    Now, Ma Yun, the founder and chief executive of Alibaba, has moved his eyes to other parts of the world.

    In November 6th of this year, B2B, a Alibaba founded by Ma Yun in 1999, was listed in Hongkong. On the same day, it jumped to become China's first Internet Co with about $26 billion worth, and created a number of records of frozen capital first, the first increase in the day, and the largest Internet share in Hongkong, etc. in November 6th.

    The industry believes that fewer than 1 million of China's 42 million small and medium enterprises can use the Internet, which is a great opportunity for Alibaba.

    "Alibaba's success stems from a small but important part of the Chinese economy: small and medium enterprises."

    At the same time, the article quotes Ma Yun as saying, "we are almost like real estate developers. We are confident that we have made room for laying pipes and connecting water and electricity.

    People just need to come in and build their houses on our website.

    If we do the right thing, we have the opportunity to build a platform that can become an Internet Ecosystem in China. "

    The "fortune" article called ma Yun as "giant killer". He founded Taobao 4 years ago and defeated the leading C2C eBay in the Chinese market. According to the data of Analysts International, the market share of Taobao is 83%, while the market share of China's eBay is only 7%.

    The industry believes that the impact of information technology on business is growing. The revolutionary development of the Internet has made the emergence of new economic power. The overall layout and development of Ali group and the successful listing of Alibaba are the new recognition of the global economy to the Chinese Internet.

    Xiong Xiaoge, senior vice president of IDG global, believes that the biggest prospect of China's Internet is e-commerce. Qi Dongfeng, founder of Founder Technology, believes that a Internet Co born in China can be shoulder to shoulder with giants such as GOOGLE, and is the pride of China's Internet.

    The e-business model represented by Alibaba will change the future global economic development to a certain extent.

    Jiang Qiping, a new economic research expert, believes that the success of Alibaba is "a sample of China's economic rise".

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