Jack Ma Ki Safalta Ka Raaz|King of Ecommerce Business

Jack Ma is the king of ecommerce business. Learn about his struggle and how he managed to build an empire of ecommerce business.
Jack Ma, is a Chinese business magnate who is the founder and executive chairman of Alibaba Group, a family of successful Internet-based businesses. He is the first mainland Chinese entrepreneur to appear on the cover of Forbes.
Ma was born in Hangzhou, Zhejiang Province, China. Ma started to study English at a young age and practiced English daily by conversing with English-speakers at Hangzhou hotel, a 40 minute bike ride from his home. He would give them tours around the city for free to improve his English.He did this for nine years. He became pen pals with one of those foreigners, who nicknamed him "Jack" because he found it hard to pronounce his Chinese name.
After graduation, Ma applied for 30 different jobs and got rejected by all. "I went for a job with the police; they said, 'you're no good,'" Ma told interviewer Charlie Rose. "I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted. I was the only guy...". In addition he applied 10 times for Harvard and got rejected.
Ma began building websites for Chinese companies with the help of friends in the US.
From 1998 to 1999, Ma headed an information technology company established by the China International Electronic Commerce Center, a department of the Ministry of Foreign Trade and Economic Cooperation. In 1999, he quit and returned to Hangzhou with his team to found Alibaba, a China-based business-to-business marketplace site in his apartment with a group of 18 friends.He started a new round of venture development with 500,000 yuan.
Jack Ma is married to Zhang Ying. They have a son and a daughter.
In 2004, China Central Television and its viewers selected Ma as one of the "Top 10 Business Leaders of the Year". In Sep 2005, World Economic Forum selected Ma as a "Young Global Leader". Fortune Magazine also selected him as one of the "25 Most Powerful Businessperson in Asia". Business week also selected him as a "Business person of the Year" in 2007, and Barron's chose him as one of the 30 "World’s Best CEOs" in 2008