1April 1995, Hangzhou haibo computer service co., ltd, the first internet commerce company in China, was established.
1995 In May, China Yellow Pages was officially launched, and Ma Yun began to do business with friends around him. At this time, there are still three months before China can get online.
In July, 1995, China Yellow Pages made a website for Zhejiang Foreign Affairs Office to publicize Zhejiang's economy and culture online, which was called "Golden Pigeon Project".
1March, 1996, because Hangzhou Telecom also made the yellow pages market in China, Ma Yun decided to merge with Hangzhou Telecom. China Yellow Pages was priced at RMB 600,000, accounting for 30% of the shares, and Hangzhou Telecom contributed RMB 654.38+RMB 4,000 in cash, accounting for 70% of the shares.
From 65438 to 0997, after being invited by MOFTEC to establish China International Electronic Commerce Center (EDI), Ma Yun decided to give up China Yellow Pages. He sold his 2 1% China Yellow Pages to the company at a low price of 2 or 3 cents per share.
After getting back 654.38 million yuan, Ma Yun and his team developed a series of websites in Beijing, such as the official website of MOFTEC, online China Commodity Exchange Market, online China Technology Export Fair, China Investment Promotion Association, online Canton Fair, and China's foreign trade and economic cooperation.
1In March, 1999, Ma Yun officially resigned from public office. Later, Ma Yun's team, known as 18 Luohan, returned to Hangzhou to raise 500,000 yuan to start a new round of business and develop Alibaba's website.
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Introduction to Ma Yun:
Ma Yun (1964 September 10-), an entrepreneur in China, was born in Hangzhou, Zhejiang Province and graduated from Hangzhou Normal University. He is the main founder of Alibaba and one of the earliest leaders of digital economy. At the age of 50, he reached the top of Asia's richest man and is currently the co-chairman of the United Nations High-level Group on Digital Cooperation.
1995, China Yellow Pages, the first Internet business information publishing website in China, was established.
Alibaba was founded in 1999, and started the world's leading B2B business.
Taobao was founded in 2003, and Alipay was founded the following year, which created a new situation of e-commerce service and online shopping.
Baidu Encyclopedia-Ma Yun