Skip to main content

News and Updates

Commitment towards women empowerment through its R- Day tableau

  India Post has been serving the nation since the last 167 years, standing unabated in its dedication and undying passion of rendering postal, financial and government services, in the remotest corners of the country. As the nation celebrates   Azadi Ka Amrit Mahotsav ,   commemorating the seventy fifth year of independence, India Post, through the Republic-Day tableaux, has attempted to reaffirm its commitment towards women empowerment both within and through the Post offices. THE THEME OF INDIA POST R-DAY TABLEAUX IS  “ INDIA POST:75 YEARS@ RESOLVE-WOMEN EMPOWERMENT”   The tableaux shall showcase the following elements: FRONT PORTION: India Post stands as a model employer of women and with its mandate for financial inclusion almost 50% account holders of the India Post Payments Bank as well as the Post Office Savings Bank are women.   The tableau displays the robust outreach and the modern face of India Post that ties the entire country in one thread and aims to portray its focus on

Alibaba Group Founder Jack Ma Short Biography and Success Story

Friends, in this article we are sharing the story of a tourist guide becoming a billionaire. This story is about a brave man who worked as a tourist guide for many years; Who could not get a small job even after many attempts. He was rejected in 30 job interviews, but despite this he did not give up and continued to try his every rejection as a new opportunity to do something else. With this combativeness, he created a huge business empire and today he is the richest person in China.

Short Biography : 

Name : Jack Ma

Birth : 10 September 1964

City : Hangzhou

Occupation : Founder and Executive at Alibaba Group 

How did a tourist guide become the richest person in China?

This is the story of “Jack Ma”, Founder & Executive Chairman of Alibaba Group. Alibaba Group is a Chinese e-commerce company, which provides business-to-business, business-to-consumer and consumer-to-consumer sale service through web-portal. It is the world's largest retailer company, which operates in more than 200 countries. In addition, it is also the largest internet company in the world. Let's know about Alibaba Group Founder Jack Ma Success Story.

Birth and Early life of Jack Ma :

Jack Ma was born on 10 September 1964 in Hangzhou village of Zhejiang province of China. After his birth, he was given the name "Ma Yun" by his parents. To earn a living, his parents used to roam from place to place and play traditional songs. He has an elder brother and a younger sister. The main language in China is Mandarin and it is not considered necessary to speak English there. But Jack Ma was fond of learning English since childhood. That's why he used to cycle every morning to a hotel near his house. He used to practice English by talking to the tourists staying there in broken English. 

In the urge to learn English, he also started working as a guide. In his spare time, he used to take foreign tourists to the city for free. In this way, he used to get an opportunity to spend more and more time with him. For nine years, he worked as a guide in this way. Not only did he learn English from this work, but he also gained knowledge of Western civilization, technology and style. While guiding foreign tourists, he also became friends with a foreign tourist. 

After going back to his country, he used to write letters to Jack. It was he who gave him the name "Jack Ma", because Jack's Chinese name was very difficult to speak and write. Since then he is known as "Jack Ma".

Education :

Jack Ma was not good in studies. He failed twice in class V and thrice in class VIII. After completing his schooling, when he gave the entrance examination of the university, he failed thrice in this also. He was rejected 10 times from the famous Howard University. After that he took admission in 'Hangzhou Teachers Training Institute' and completed his graduation from there in 1988. After completing graduation, he worked as a teacher of English in a local college for 5 years at a salary of $ 15 per month. During this time, he also applied for jobs in many other places.

Frequent Rejection in Job :

Wherever he applied for Jack Ma jobs, he would have been disappointed. He applied for jobs in 30 different places, but was rejected from everywhere. He gave the first interview for a police job, but due to his skinny appeal, he was rejected. When KFC opened for the first time in China, job advertisements came out for 23 people. 24 people applied for that job, of which Jack Ma was also one. 23 out of 24 people were selected for the job. Jack Ma was the only candidate who was rejected.

Internet access for the first time :

After getting rejected continuously in job interviews, he decided to try his hand at business and opened a translation company. He went to America in 1994 with his company's work. There he got the opportunity to use the Internet for the first time. The first word that he searched on the Internet was – Bear 'bear' meaning 'bear'. During the search, he got information from different countries related to 'beer', but he did not get any information related to Chinese Bear.

Then he searched other general information related to China on the Internet. But they were surprised that no information about China was available on the Internet. Jack Ma became sad because of not having any information about his country on the Internet. He felt that his country was far behind in the technical field as compared to other countries.

Launch of ugly.com website :

To provide information related to China, he along with his friends created a website, which he named – ugly.com. Within 5 hours of creating this website, he got e-mails from some Chinese people who wanted to know about him. After this incident, he realized that a lot can be done with the Internet.

Establishment of company named China Yellow Pages :

In 1995, Jack Ma started a company with the help of his wife and friends by investing $ 20000. The job of this company was to make websites for other companies. He named his company 'China Yellow Pages'. In one year this company earned $ 80000. But due to lack of capital investment, this company could not be more successful and it had to be closed. After that Jack Ma worked as President in an IT company established by 'China International Electronic Commerce Center' between 1998 and 1999. After resigning from there in 1999, he came back to China.

Launched alibaba.com :

After coming back to China, he, along with his 17 friends, started China's first Business-to-Business Marketplace website alibaba.com (Alibaba.com) at his home for $ 60,000. The purpose of this website was to connect various suppliers and buyers of the world. alibaba.com faced some problems initially. Due to which many in Silicon Valley had termed this project as a loss-making business model. 

But in 1999 and 2000, two big companies 'Goldman Sachs' and 'Soft Bank' invested a total of $ 25 in alibaba.com. This investment helped in the growth of alibaba.com. After this the company never looked back.

Take ebay.com out of Chinese market :

Jack Ma's team created an auction website named taobao.com in 2003. By that time, eBay.com dominated the bulk of the Chinese auction market. But taobao.com showed the way out of eBay.com within 4 years. Apart from this, Jack Ma also created sites like Alipay, Tmall etc., which are under the Alibaba group.

Today Jack Ma is the richest person in China. Along with this, he is also counted among the rich of the world. His net worth is more than $ 20 billion. The network of his company Alibaba 'Alibaba' is more than Facebook. Jack Ma's company 'Alibaba' alone does more than what Amazon and eBay earn together. 



Popular posts from this blog

Doctrine of Notional Extension under the Workmen Compensation Act, 1923

  There is no problem in detecting that the accident occurred in the course of employment when a workman is injured in the working place and in the working hour and doing his duty. The problem arises when these elements do not coincide together. But a workmen if injured just near the work premises or just before joining the work or in the way to work problem arises. To address this kind of problem and giving some kind of relief to the workmen the theory of notional extension evolved. “As a rule, the employment of a workman does not commence until he has reached the place of employment and does not continue when he has left the place of employment, the journey to and from the place of employment being excluded. It is now well-settled, however, that this is subject to the theory of notional extension of the employer’s premises so as to include an area which the workman passes and repasses in going to and in leaving the actual place of work. There may be some reasonable extension in bot

Appearance vs Reality of Merchant of Venice

One of the greatest writers of history is Shakespeare. William Shakespeare was an English playwright, poet, and actor, widely regarded as the greatest writer in the English language and the world's greatest dramatist in the history of English literature. He has written many masterpieces. In which are are Macbeth, Othello, Romeo and Juliet extra etc.  In which Merchant of Venice is one. The storyline of the play goes : The play commences on a street in Venice. Shakespeare introduces the central character of the play, Antonio, as a Merchant of power and influence. Bassanio, his friend, confesses to him that he is in love with Portia, a rich heiress of Belmont. To present himself as an eligible suitor to Portia, he seeks a loan from Antonio. Antonio has no money in hand to lend as his fortunes are tied up with his ships at sea. However, he promises to help us Bassanio to take a loan from money lenders using his(Antonio's)name. The entire play is based on the scenario that happens

Peace - A Way Of Life

To be peaceful is the sign of a conqueror.  We have often heard people saying 'follow the path of peace and you will be happy', 'preach peace' and many other phrases emphasising on a way of living- Peace. But what is it really about?  With reference of the holy Bible, peace is defined with notions like  totality or completeness, success, fulfillment, wholeness, harmony, security and well being.  The definition of peace changes with mindsets of people. For one, it is a sense of accomplishment, non- violence for another, salvation to a few and a lot more to others. But what peace exactly is? And how can we attain it? Peace is acceptance. A vision of seeing things and extracting optimism out of it. Peace makes life easier. To be satisfied is what peace is. To be able to look back at your life and accept all its darks and jewels is what peace feels like. Peace is a state of mind where your soul feels calm, free from the dirt of hatred, negativity, criticism, inferiority and