In March 1999, Jack Ma founded Alibaba at home. By the end of 1999, Goldman Sachs invested 5 million US dollars in angel funds to Jack Ma. At the end of 1999, Jack Ma established the international headquarters in the United States; in early 2000, he established the Chinese headquarters in Shanghai; in mid-2000, Jack Ma became the cover character of Forbes magazine. He was the first Chinese entrepreneur to appear on the cover of Forbes. Jack Ma became famous overnight with this cover. At present, Alibaba (Alibaba.com) has established branches in Silicon Valley, London and other places overseas. Alibaba is a well-known brand of global business-to-business (B2B) e-commerce and one of the largest online trading markets in the world. With good positioning, solid structure and excellent service, Alibaba has become the world's first e-commerce website with 2.2 million merchants, the first website for global merchant network promotion, and has been rated by merchants as

"the most popular business-to-business website

". Alibaba's outstanding achievements have attracted the attention of people from all walks of life.