No kidding. I don’t know who this Jackma is or what Alibaba means, but he can just...
Alibaba is the Asian version of Amazon is projected to make $650BB in revenue. Ma has taken the company public this week and is bringing Alibaba to the American market.
Quoth Jack, this is how he decided on the company name:
One day I was in San Francisco in a coffee shop, and I was thinking Alibaba is a good name. And then a waitress came, and I said, "Do you know about Alibaba?" And she said yes. I said, "What do you know about Alibaba?", and she said, "Alibaba and 40 thieves". And I said, "Yes, this is the name!" Then I went onto the street and found 30 people and asked them, "Do you know Alibaba?" People from India, people from Germany, people from Tokyo and China … they all knew about Alibaba. Alibaba — open sesame. Alibaba is a kind, smart business person, and he helped the village. So … easy to spell, and globally known. Alibaba opens sesame for small- to medium-sized companies. We also registered the name "Alimama", in case someone wants to marry us!"