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MessagePosté le: Ven 10 Aoû - 08:22 (2018)    Sujet du message: has grown to become one Répondre en citant

BEIJING — The most successful of China's entrepreneurs have created some of the world's biggest companies and amassed stunning fortunes. Often they are little known outside of China Women's Deadrin Senat Jersey , but that is changing as they expand abroad and sell shares on Wall Street. Some of their counterparts in China's massive government-owned companies are making a mark as they try to instil innovation and efficiency in lumbering state giants. A look at key figures in Chinese business.

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E-commerce leader: Jack Ma, co-founder and chairman of Alibaba Group.
Jack Ma
One of China's best-known entrepreneurs, this former English teacher from the eastern city of Hangzhou is credited with laying the foundation for e-commerce in China by founding Alibaba in 1999 to link Chinese suppliers with retailers abroad. The company expanded into consumer e-commerce with its Taobao and Tmall platforms. In response to China's lack of infrastructure such as credit cards to support e-commerce, Alibaba created online payments service Alipay. The company has become the world's biggest online bazaar, with total sales exceeding those of Amazon Inc. and eBay combined. Last year, Alibaba also set another record, raising $25 billion on Wall Street in the biggest U.S. initial public stock offering to date. Ma's net worth soared to $25 billion, making him China's richest businessman. Ma is known for colorful behavior that includes dressing in a leather jacket and platinum wig to sing rock songs at the company's annual Alifest employee gathering, a raucous event in a soccer stadium before an audience of thousands. Ma, who turned 50 in September, stepped down in 2013 as chief executive, saying he was too old for the Internet, but stayed on as executive chairman.

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Online innovator: Ma Huateng, co-founder and chairman of Tencent Holdings Ltd.
Ma Huateng
Ma, who is no relation to Jack Ma, is the quiet counterpart to his flamboyant rival at Alibaba. The company co-founded by Ma Huateng in 1998 has gone from success to success, first in online games, then with its QQ instant message service and now as operator of the hugely popular WeChat social media platform, which it says has 550 million active users. Its strategy is built on offering entry-level services for free, then charging for added features on games and linking social media to e-commerce and other money-making ventures. That has helped to make Tencent, with 25,000 employees, one of the most valuable tech companies, with a market cap of $150 billion. Ma is worth $18 billion. Along with Alibaba and search engine Baidu Inc., the third member of China's trio of leading Internet companies, Tencent is rushing to build a presence in mobile Internet as Chinese Web surfers switch to going online via smartphones and tablets. Since the start of 2013, Tencent has spent about $1 billion, according to Chinese news reports, to buy a 15 percent stake in China's No. 2 e-commerce company, JD, and to acquire or create services in online video and taxi-hailing.

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China's landlord: Wang Jianlin, chairman of Dalian Wanda Group.
Wang Jianlin
Wang became CEO of Wanda in 1993 following 16 years as a soldier and a stint as a city government employee. The company has grown to become one of China's biggest real estate developers, with dozens of hotels, shopping malls and cinemas, and has undertaken hotel development projects in New York City and London. In 2012, Wanda became one the world's biggest cinema operators with its $2.6 billion purchase of AMC Theaters in the United States. In 2013, the company announced plans to build an $8 billion film studio complex in the coastal city of Qingdao and flew in celebrities Leonardo DiCaprio and John Travolta for the launch. A Communist Party member since 1976, Wang ranked No. 1 in 2013 on the Hurun Rich List of the wealthiest Chinese with a fortune estimated at $22 billion. This year, he was No. 2 behind Alibaba's Jack Ma, but his net worth rose to $23 billion.

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SUV queen: Wang Fengying, general manager of Great Wall Motors Ltd.
Wang Fengying, general manager of Great Wall Motors Ltd.
Appointed in 2003, Wang became the first woman to lead an automaker a decade before Mary Barra was named CEO of General Motors Co. Wang joined Great Wall, in Baoding, southwest of Beijing, as a saleswoman in 1991 and later got a master's degree in economics. With 60,000 employees, Great Wall motored to success on an SUV boom in China and the popularity of its H5 model. It is now China's biggest manufacturer of SUVs and pickup trucks. In 2013, according to Bernstein Research, its profit margins were the global auto industry's fattest. Wang was named last year to Forbes magazine's list of "Asian Power Women." Under her, Great Wall has become one of China's biggest auto exporters, selling to more than 100 countries including Russia and Italy. The company stumbled in 2013 with the release of a new flagship model was delayed but has rebounded on the strength of high demand for its SUVs.

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Net nuts and bolts: Ren Zhengfei, founder and CEO of Huawei Technologies Ltd.
Ren Zhengfei
A former military engineer, Ren founded Huawei in 1988 to sell imported equipment to Chinese phone carriers, then moved into technology development when its foreign supplier was bought by a competitor. It has grown to become, along with Sweden's LM Ericsson and the proposed tie-up between Nokia and France's Alcatel Lucent, one of the biggest suppliers of switching gear used by phone and Internet companies. Shut out of Chinese cities that were dominated by state-owned and foreign suppliers, Ren pursued a guerrilla strategy of selling to developing countries in Asia and Africa and to Chinese small towns before making inroads into major urban markets. Today, Huawei is expanding into consumer products with its own line of smartphones. With 150,000 employees, the company reported 288.2 billion yuan ($46.5 billion) in For VIP pro. Cheap Sports Jerseys   Wholesale Jerseys China   Cheap Jerseys From China   Cheap Jerseys Free Shipping   Cheap NFL Jerseys   Wholesale Jerseys Free Shipping   Cheap NFL Jerseys   Cheap NFL Jerseys   Wholesale NFL Jerseys   Cheap Jerseys 


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