Success Story of
Ma started the company with 18 friends out of his small apartment in 1999, in
Alibaba set a record in 2014 when it posted an initial public offering that
raised $21.8 billion on the New York Stock Exchange...
In 2007, in response to worldwide criticism of
the practice of killing sharks for their fins,
Jack Ma, CEO of Alibaba, announced that he and his family had "sworn off
Shark Fin Soup now and forever." Ma has stated that that moment created a
newfound interest in environmentalism that would shape his future ethos.
In January 2009, Alibaba Group revised its
listing policy and banned the sale of shark fin products on all of its
At the annual general meeting of shareholders
for Alibaba.com in May 2010, Ma announced Alibaba Group would begin in 2010
to earmark 0.3 percent of annual revenue to environmental protection,
particularly on water and air quality improvement projects. Of the future of
Alibaba, he has said that "our challenge is to help more people to make
healthy money, 'sustainable money,' money that is not only good for
themselves but also good for the society. That's the transformation we are
aiming to make."
Jack Ma became a trustee of The Nature
Conservancy’s China program in 2009 and joined its global board of directors
in April 2010. Ma is the first Chinese citizen to serve on The Nature
On May 10, 2013, Jack Ma retired from his post
as CEO of Alibaba Group. The next day, he became Chairman of the Board for
the Nature Conservancy's China Program.