Yun Ma

Yun Ma

Founder at Shanghai Yunfeng Investment Management Co. Ltd.

Net worth: 34 M $ as of 2024-02-28

59 year
Commercial Services
Technology Services
Retail Trade

Profile

Jack Ma is the CEO of Alibaba Group, the Chinese leader in e-commerce with counts five companies specialized in online shopping as Tabao.com, the second global site behind eBay and Yahoo China, the search engine and portal bought by Yahoo in 2005.

In his younger years, Jack Ma was a tour guide; his excellent command of English and his perfect knowledge of the province of Hangzhou where he comes from allow him to be really good in this job.

Graduated from Hangzhou Teachers' Institute in 1988, Jack Ma taught for some time before creating a translation agency that knows a big success thanks to U.S. and foreign companies who move in China.

During a trip he made in the USA as an interpreter, Jack Ma discovers computers and internet. Fascinated, he ordered to a friend a website for his translation agency.

Back in China, he borrowed $ 2,000 from friends and launched the website China pages, considered as the first commercial website in the country. The site has difficulties to find its business model and stops. Jack Ma got a job at the Ministry of Foreign Trade, a position which enabled him in 1998 to meet Jerry Yang, co-founder of Yahoo.

Jack Ma really wants to invest in the web.He managed to borrow $ 60,000 for the launch of Alibaba.com in 1999. Quickly, the company is a leader in the sector of business-to-business (B2B). The credibility won lets Jack Ma to raise $ 25 million dollars, allowed by the most demanding investors like Goldman Sachs, or the Japanese Internet entrepreneur Masayoshi Son.

In March 2002, Alibaba.com counts one million users and starts to generate profits.

In 2003, Jack Ma is launching on online auction with Taobao.com, which means "the search of treasure." It quickly emerged as a serious rival to eBay. Yahoo, which closely follows the evolution of Alibaba pays $ 1 billion in 2005 to enter in it capital at 40%. In return, the company Alibaba, valued at $ 4 billion takes control of Yahoo! China.

In 2008, Alibaba.com has 23 million visitors, 65% in China. It aggregates five companies: Taobao, the largest e-commerce website CtoC, Alisoft, which provides software for companies. Alipay, the first online payment service in China and of course Yahoo China, a search engine and portal Yahoo bought in October 2005.

Known holdings in public companies

CompanyDateNumber of sharesValuationValuation date
2022-09-29 99,782,788 ( 4.51% ) 34 M $ 2024-02-28

Yun Ma active positions

CompaniesPositionStart
Alibaba Group Treasury Ltd. Director/Board Member -
Breakthrough Prize In Life Sciences Director/Board Member 2013-08-31
Founder 2010-03-31
China Entrepreneur Club Chairman -
Chairman -
Alibaba Partnership Corporate Officer/Principal -
Analyst-Equity -
Chief Executive Officer 2006-12-06
All active positions of Yun Ma

Former positions of Yun Ma

CompaniesPositionEnd
SOFTBANK GROUP CORP. Director/Board Member 2020-06-24
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See the detail of Yun Ma's experience

Training of Yun Ma

Hangzhou Normal University Undergraduate Degree

Experiences
Positions held

Active

Inactive

Listed companies

Private companies

See the detail of Yun Ma's experience

Connections

99

1st degree connections

31

1st degree companies

Male

Female

Members of the board

Executives

See the personal network

Linked companies

Listed companies3
SOFTBANK GROUP CORP.

Communications

HUAYI BROTHERS MEDIA CORPORATION

Consumer Services

ALIBABA GROUP HOLDING LIMITED

Retail Trade

Private companies27

Commercial Services

Commercial Services

Retail Trade

Technology Services

Commercial Services

Commercial Services

Technology Services

Technology Services

Technology Services

Alibaba Group Treasury Ltd.

Finance

Commercial Services

Finance

China Pages

Finance

Zhejiang Entrepreneurs Association

Finance

Inter China Network Software (Beijing) Co. Ltd.

Alipay E-Commerce Corp.

Alimama Ltd.

Breakthrough Prize In Life Sciences

Technology Services

Retail Trade

China Entrepreneur Club

Retail Trade

Alibaba Partnership

Jack Ma Foundation

See company connections