Monday, May 5, 2014

May 5, 2014.

Alibaba Founder Jack Ma Takes Center Stage Ahead of IPO

An oblong slip of newspaper had appeared between O’Brien’s fingers. For perhaps five seconds it was within the angle of Winston’s vision. It was a photograph, and there was no question of its identity. It was THE photograph. It was another copy of the photograph of Jones, Aaronson, and Rutherford at the party function in New York, which he had chanced upon eleven years ago and promptly destroyed. For only an instant it was before his eyes, then it was out of sight again. But he had seen it, unquestionably he had seen it! He made a desperate, agonizing effort to wrench the top half of his body free. It was impossible to move so much as a centimetre in any direction. For the moment he had even forgotten the dial. All he wanted was to hold the photograph in his fingers again, or at least to see it.

Last May, 40,000 Alibaba Group Holding Ltd. employees and customers met at a Hangzhou soccer stadium in driving rain to watch Jack Ma step down as chief executive of the Chinese e-commerce giant he founded in his apartment 15 years ago.

"It exists!" he cried.

Before his valedictory speech, Mr. Ma belted out the Chinese pop song "I Love You, China," from the stage. The crowd roared.

"No," said O’Brien.

"Taking over from Jack Ma is a difficult job," he said, dressed in oversize glasses and a shiny silver jacket.

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