Back in 1995, Jack Ma made his first trip to the US and used the Internet for the first time. After searching for “beer”, he saw that no results came up related China. When he then searched for “China” and still saw no results, he decided (set) up a Chinese website—the seed for Alibaba was sown.
Ma (simple) wanted his company to have a (globe) and interesting name, and realized Alibaba was a story (know) across the world.
The company(found) in 1999 and then has grown from 15 employees to over 30,000. Alibaba has directly and indirectly created 40 million jobs for China.
Ma hopes to keep expanding Alibaba outside of China and is aiming for 2 billion (consume) and 10 million small businesses to use company outside of China.
Ma became the richest man in China, when the company he founded floated on the stock market last year with a value of around ＄140 billion—the (large) public offering in history.
