Alibaba has no inventory, yet the owner becomes multi-billionaire

[Starmix]

Jack Ma, the famous owner of Alibaba has not done an inventory. He's one of the wealthiest business persons in China. Even the government tried to question his wealth but he cannot be reached. He's everywhere. It's through the power of his positive mindset that made him wealthy. He was once a poor boy and no one ever expected him to be wealthy.
See the image of Jack Ma when he was a child, so poorly looking.

 

[Suba]

That's right, currently many marketplace platforms don't have inventory, apart from Alibaba, according to information I've read, AirBnB also doesn't have investors, even Uber doesn't have vehicles or cars. So this business is built on the quality and trust of users.

 

[Starmix]

That's right, currently many marketplace platforms don't have inventory, apart from Alibaba, according to information I've read, AirBnB also doesn't have investors, even Uber doesn't have vehicles or cars. So this business is built on the quality and trust of users.

Even Facebook has no content but it made the owner wealthy though he is already wealthy. He has guts and glory.

 

[King Belieal]

Ali Baba is a smart business person who focused on building systems that the products of others would thrive. There was no way he wouldn't be rich.

 

[Starmix]

Ali Baba is a smart business person who focused on building systems that the products of others would thrive. There was no way he wouldn't be rich.

Alibaba is owned by Jack Ma, not Ali Baba, he he. Jack Ma started from rags to riches. He was also sought by the Chinese President to question his wealth. he is among the wealthiest persons in China.

 

[Suba]

Even Facebook has no content but it made the owner wealthy though he is already wealthy. He has guts and glory.

You are right sis, Facebook also only provides pages for its users, similarly YouTube does not have videos, from user to user, but business people become very rich. A business like this starts from a brilliant idea.

 

[Fidelia]

Alibaba entered a virgin industry when no one never thought of going there. Today, he is so big in that industry. No doubts, he is an authority in that niche and he is rightly a billionaire.

 

[Starmix]

You are right sis, Facebook also only provides pages for its users, similarly YouTube does not have videos, from user to user, but business people become very rich. A business like this starts from a brilliant idea.

That is right, I appreciate the maker of YouTube just imagine the number of accounts owning a YoTibe channel. They are experts and I do not know the creator of YouTube.

 

[Suba]

That is roght, I appreciate the maker of YouTube just imagine the number of accounts owning a YoTibe channel. They are experts and I do not know the creator of YouTube.

Initially YouTube was created by former PayPal employees, then Google bought it in 2006 until now, Google is lucky, can see the huge potential of video prospects.

 

[Starmix]

Initially YouTube was created by former PayPal employees, then Google bought it in 2006 until now, Google is lucky, can see the huge potential of video prospects.

Wow what a potential person. Google might have bought it in millions. YouTube will be forever. It serves people who also do businesses. Life is full of surprises.

 

[Suba]

Wow what a potential person. Google might have bought it in millions. YouTube will be forever. It serves people who also do businesses. Life is full of surprises.

At that time Google bought YouTube for around $1.70 billion, and the public could not buy YouTube stock directly, but the public could buy Google stock on Nasdaq

 

[Starmix]

At that time Google bought YouTube for around $1.70 billion, and the public could not buy YouTube stock directly, but the public could buy Google stock on Nasdaq

Google before getting into billions started from hardships and now it's dominating the world of different types of businesses.

 

[freelancermaria]

Yes, because of his hard work and positive mindset, he became a billionaire. I really admire people who work hard and continue to strive for a better future. I dislike those who are lazy and seem to have no goals in life.

 

[Starmix]

Yes, because of his hard work and positive mindset, he became a billionaire. I really admire people who work hard and continue to strive for a better future. I dislike those who are lazy and seem to have no goals in life.

That also happens because of their intelligence and background experience. They also have money to capitalize on their potential.

 

[Augusta]

This is why we must always go with our intuition. Forget about others stories just go ahead and do what would work for you

 

[Starmix]

This is why we must always go with our intuition. Forget about others stories just go ahead and do what would work for you

Yes, that is right. I have read about the story of Jack Ma, the owner of Alibaba, He was very poor when he was a child and he tried to improve his living by working and finally founded a small business on techno.

 

[eLdavis]

It seems this particular industry is a hot commodity right now, as new ones are also coming up these days.

 

[Starmix]

It seems this particular industry is a hot commodity right now, as new ones are also coming up these days.

Alibaba is a renown international online seller based from China. It is owned by Jack Ma. He was once very poor but became a multi billionaire because of his system in selling online.

 

[eLdavis]

Alibaba is a renown international online seller based from China. It is owned by Jack Ma. He was once very poor but became a multi billionaire because of his system in selling online.

Yes I know Alibaba, it's very popular over here as well, especially because of how cheap things are there. Though I have never used it.

 

[Starmix]

Yes I know Alibaba, it's very popular over here as well, especially because of how cheap things are there. Though I have never used it.

But we cannot buy in retail. Once you order it must be in bulk. The big time online sellers here like Shopee, Lazada and Temu sell online products originated from mainland China.