Alibaba founder told where to invest

Alibaba founder told where to invest

Jack Ma is investing in two directions: the happiness and health.

Founder and owner of the Chinese company, Alibaba Jack Ma said that after 20 years, is planning to build a fifth the size of the world economy - the online economy.

In inervyu he told the newspaper that vney will participate to two billion people. According to McKinsey, Boston Consulting Group and to iResearch, by 2020, access to the Internet will have 600-800 million Chinese, so Alibaba will seek additional 1.5 billion people outside the country: Africa, South America, Europe.

First and foremost, the purpose of the company - a country with a small business, developing infrastructure, large population, describes the entrepreneur plans of the company.

It tells Jack Ma, Alibaba invested in two directions: the happiness and health.

According to him, happiness - a sport and entertainment. Every business has its 10-year plan, and the investment is not needed in order to make a profit in a year.

Alibaba buys the film industry, will invest in TV, sports, says Ma.

"Happiness and health - these are the sectors in which we invest now to get through the 10 years of the harvest in Tmall and TaoBao we invested 12 years ago, not yesterday in Alibaba Cloud we have invested seven years ago, all that we do... today - with the prospect of 10 years ", - says the businessman.

This 10-year plan have AliHealth. After 10 years, everyone will suffer from air, food, soil and water. AliHealth, which is only sold drugs, bigdata uses to detect patterns of disease.

"If, for example, many people buy medicine for the liver, we understand that there are problems with the water we need to tell the government that it is necessary to purify the water." - Said Ma.

According to him, the main goal is to use such data in order to prevent disease in the future.

Recall, 1 March, Forbes magazine published its list of the richest people in the thirtieth. The edition has counted the world's billionaires in 1810, which is 16 fewer than a year earlier.

In his youth Jack Ma tried to get in a fast food chain KFC. Of the 24 people who submitted resumes, only denied a future billionaire.

In 1999, he started with partners to create a business in an apartment in Hangzhou. As a result, 15 years later his company Alibaba Group controlled 80 percent of e-commerce in China, 60 percent of the parcels in the country ordered at Alibaba sites.

In 2014, the company held a record placement on the New York Stock Exchange by selling shares at $ 25 billion.

In 2015, Forbes magazine put Jack Ma in the 22 place in the ranking of most influential people in the world.