Essay about Alibaba Case

3803 Words Sep 17th, 2010 16 Pages A Smiling Community with a Dream
Since its humble beginnings in 1999, when it was launched by Jack Ma and 17 other co-founders, has become the world’s largest online business-to-business global trading marketplace, with 2.5 million and 14 million registered users in its international and Chinese domestic marketplaces respectively (refer to Appendix 1 for key development milestones). In 2004, the Alibaba websites boasted an estimated combined transaction volume of more than US$4.5 billion. also owns and operates, a business-toconsumer and consumer-to-consumer marketplace; Alipay, an online payment system in China; and Yahoo China, which it acquired in October, 2005. currently has
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In China, we might be the only crazy company who so strongly maintains our value system. People who don’t fit our values cannot survive in the company.” (Alibaba’s six core values are customer comes first, teamwork and cooperation, embracing change, integrity, passion, and honoring your job). 3) People with a smile. “When we hire people, we look for people who are naturally optimistic and happy. In the start-up process we will meet with difficulties and challenges. Optimistic and happy people can better deal with these challenges and succeed. It’s hard to make a happy person unhappy, but it’s even harder to make an unhappy person happy. I am able to tell whether a person is on our staff by their smile.” 4) People who enjoy work and can turn stress and challenges into innovation. ”Employees must be able to handle pressure and challenges, and turn them into positive energy for innovation, not negative energy for depression.” 5) People who work together. “We don’t welcome people who think they are smart because they may think they are above others. This industry is so new that it really doesn’t have any real talents. The people who are real talents probably don’t know they are talents. Everyone has tremendous potential. We all use other people’s strengths to overcome our weaknesses …. We are all ordinary people, but our goals are extraordinary.” While Alibaba seeks people with strong professional skills, these characteristics are even more important in deciding

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