Reading Collection - Jack Ma Reveals the Yahoo-Alibaba Merger: "This Is the Hardest Year for Me"

How did a Chinese Internet company, which has the "best in the world" as its strategic focus everywhere, deal with the severe tests caused by the first step of its globalization strategy - acquisitions in the past year? Jack Ma, the founder of Alibaba, wanted to conduct an anatomical experiment on a branch of a multinational company, but he found that Yahoo! China was not only a "Chinese company", but even more so than a regular Chinese company. In September 2006, Ma told *China Entrepreneur*, "This has been the toughest year for me, and its impact on my fate and that of Alibaba may only be evaluated after five years or even longer."

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