Alibaba: The house that Jack Ma built (Iron Triangle)

“Today is brutal, tomorrow is more brutal, but the day after tomorrow is beautiful. However, the majority of people will die tomorrow night .”
― Duncan Clark, Alibaba: The House That Jack Ma Built

“It doesn’t matter how wealthy or powerful you are, if you can’t enjoy the sunshine, you can’t be truly happy.”
― Duncan Clark, Alibaba: The House That Jack Ma Built

“In its early years, he gave three explanations as to why the company survived: "We didn't have any money, we didn't have any technology, and we didn't have a plan”
― Duncan Clark, Alibaba: The House That Jack Ma Built

Iron Triangle
Alibaba’s iron triangle is a combination of e-commerce, logistics, and finance.

E-commerce
In e-commerce, the company operates Taobao, Tmall and Juhuasuan.

Logistics
In logistics, Alibaba owns a 48% stake in ‘China Smart Logistics,’ or ‘Cainiao.’ The rest of the company is owned by logistics players that are together called ‘Three Tongs, One Da’. They are Shentong, Yuantong, Zhongtong and Yunda.

Finance
Alipay is like Paypal in the United States.

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