The greatest empires are sometimes born out of smallest of ideas. The empowering success of Alibaba Group is a live testament to this statement.
An e-commerce company from China, Alibaba is currently the biggest IPO in the world. The Group provides business to customer and customer to customer sales and services through the web portals. Alibaba’s other services include electronic payments, cloud computing services that are data centric and search engines for shopping. The founders of the company are Jack Ma and Penh Lei. An English teacher by profession, Jack Ma lacked in computer knowledge. He made up for this weakness with his vision. Ma and 17 of his friends launched Alibaba in 1999.