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📈 The Power of Patience and Loyalty 📈
Tong Wenhong joined Alibaba as a receptionist and was offered a 0.2% stake by Jack Ma, with a promise that it would be worth millions if the company went public. She waited for years, patiently believing in the company's vision despite setbacks. After 16 years of loyalty, when Alibaba finally went public in 2014, her stake skyrocketed in value to $320 million.
This story is a powerful reminder of the importance of patience, trust, and long-term commitment. Success isn’t always instant; sometimes, the biggest rewards come to those who stay the course.
Can you stay committed for the long haul? Would you wait for a promise you believed in?
#Alibaba #SuccessStory #PatientInvesting #VisionAndLoyalty #LongTermCommitment
Tong Wenhong joined Alibaba as a receptionist and was offered a 0.2% stake by Jack Ma, with a promise that it would be worth millions if the company went public. She waited for years, patiently believing in the company's vision despite setbacks. After 16 years of loyalty, when Alibaba finally went public in 2014, her stake skyrocketed in value to $320 million.
This story is a powerful reminder of the importance of patience, trust, and long-term commitment. Success isn’t always instant; sometimes, the biggest rewards come to those who stay the course.
Can you stay committed for the long haul? Would you wait for a promise you believed in?
#Alibaba #SuccessStory #PatientInvesting #VisionAndLoyalty #LongTermCommitment
🚨🚀 Update on the Crypto Market: Highlighting SUI Coin and Alibaba's Upcoming Phase
After a period of expansion, the cryptocurrency market is currently in a halt, with large liquidations caused by profit-taking. SUI Coin is one of the cryptocurrencies that tries to stand out favorably despite the slump. The second round of MystenLabs' collaboration with Alibaba was recently announced, with the goal of assisting both new and existing Move developers on the Sui platform.
MystenLabs and Alibaba's partnership will provide a number of services, including as an AI-driven development environment, university courses, neighborhood gatherings, and Move documentation translated into Mandarin and Korean.
Using Alibaba Cloud infrastructure and technical assistance, an AI tool is being created to produce Move code based on natural language questions from developers.
It is anticipated that this program would help new Move developers understand the language and explore its capabilities while expediting the work of seasoned developers. In addition, Alibaba Cloud will provide cloud infrastructure and demo day events in key places including as Singapore, Dubai, and Hong Kong to assist potential companies within the Sui Network ecosystem.
Additionally, international hackathons hosted by Alibaba Cloud will motivate developers to learn and create new Sui projects. By offering complete node services, Alibaba Cloud will also assist the Sui infrastructure and enhance network security.
Supported by the Alibaba alliance, SUI Coin finds buyers around $1.14 and displays a rise of about 6%. Even if the current surge to $1.17 was just momentary, the currency is still holding into its psychological $1 support level.
#BTC #sui #Alibaba #btcnews99 #binance
After a period of expansion, the cryptocurrency market is currently in a halt, with large liquidations caused by profit-taking. SUI Coin is one of the cryptocurrencies that tries to stand out favorably despite the slump. The second round of MystenLabs' collaboration with Alibaba was recently announced, with the goal of assisting both new and existing Move developers on the Sui platform.
MystenLabs and Alibaba's partnership will provide a number of services, including as an AI-driven development environment, university courses, neighborhood gatherings, and Move documentation translated into Mandarin and Korean.
Using Alibaba Cloud infrastructure and technical assistance, an AI tool is being created to produce Move code based on natural language questions from developers.
It is anticipated that this program would help new Move developers understand the language and explore its capabilities while expediting the work of seasoned developers. In addition, Alibaba Cloud will provide cloud infrastructure and demo day events in key places including as Singapore, Dubai, and Hong Kong to assist potential companies within the Sui Network ecosystem.
Additionally, international hackathons hosted by Alibaba Cloud will motivate developers to learn and create new Sui projects. By offering complete node services, Alibaba Cloud will also assist the Sui infrastructure and enhance network security.
Supported by the Alibaba alliance, SUI Coin finds buyers around $1.14 and displays a rise of about 6%. Even if the current surge to $1.17 was just momentary, the currency is still holding into its psychological $1 support level.
#BTC #sui #Alibaba #btcnews99 #binance
Alibaba Halts Cloud Spin-Off, Shares Drop 10%😐
Similarly, Alibaba tumbled 10% after the company sent a shock announcement that it would call off its intended spin-off of the cloud business given the tightened US curbs on chip shipments to China. This announcement drew great concerns over the prospect of the company's ambitious overall plans, with management announcing that it will focus on organic growth and to pay up its first-ever annual dividend of $2.5bln, a rarity for a technology company. This is likely to set a dour tone on China-HK stocks, offseting some of the optimism from the recent Biden-Xi meeting.
#Alibaba #CloudBusiness #SharePriceDrop #AnnualDividend #ChinaHKStocks
Similarly, Alibaba tumbled 10% after the company sent a shock announcement that it would call off its intended spin-off of the cloud business given the tightened US curbs on chip shipments to China. This announcement drew great concerns over the prospect of the company's ambitious overall plans, with management announcing that it will focus on organic growth and to pay up its first-ever annual dividend of $2.5bln, a rarity for a technology company. This is likely to set a dour tone on China-HK stocks, offseting some of the optimism from the recent Biden-Xi meeting.
#Alibaba #CloudBusiness #SharePriceDrop #AnnualDividend #ChinaHKStocks
⚡️ #MystenLabs , a #Web3 infrastructure company and initial developer of the #Sui Layer 1 #blockchain has signed a Memorandum of Understanding with #Alibaba Cloud to support the growth of the Sui ecosystem
⚡️ Aptos Foundation and Alibaba Cloud have announced a partnership to boost Web3
Aptos Foundation teams up with Alibaba Cloud to bolster Web3 talent and accessibility in the APAC region. Through this partnership, Alibaba Cloud will become Aptos Foundation's leading blockchain sponsor for all Web3-related projects enrolled in the Alibaba Cloud Singapore Innovation Accelerator program. Furthermore, Aptos Foundation will provide builder resources and ecosystem fund support to promising Aptos-built projects.
$APT #APT #Aptos #Alibaba #Web3🤝🥊🌐
Aptos Foundation teams up with Alibaba Cloud to bolster Web3 talent and accessibility in the APAC region. Through this partnership, Alibaba Cloud will become Aptos Foundation's leading blockchain sponsor for all Web3-related projects enrolled in the Alibaba Cloud Singapore Innovation Accelerator program. Furthermore, Aptos Foundation will provide builder resources and ecosystem fund support to promising Aptos-built projects.
$APT #APT #Aptos #Alibaba #Web3🤝🥊🌐
Alibaba Cloud Opens Blockchain Lab For Game Developers In Japan In April.
Alibaba hopes to provide a place for game designers to gather and improve their skills in the latest blockchain technology.
#Binance #crypto2023 #Alibaba #blockchain #BTC
Alibaba hopes to provide a place for game designers to gather and improve their skills in the latest blockchain technology.
#Binance #crypto2023 #Alibaba #blockchain #BTC
"Alibaba's Ambitious Ventures: Billions Spent, Lessons Learned! From Ele.me to Youku Video, Alibaba's investment journey has seen ups and downs. Yet, with a powerhouse like Taobao Tmall generating over 8 trillion GMV annually, Alibaba remains resilient despite investment setbacks. 💰 Don't miss the #CryptoTalk and action #Alibaba #InvestmentJourney #TaobaoTmall
Jack Ma's Inspiring Rise to Found Alibaba.
Born in Hangzhou, China, Jack Ma faced a challenging educational path, failing the university entrance exam twice. His determination eventually led to acceptance into an English Teaching program.
Inspired by President Nixon's visit to Hangzhou, Ma's interest in English blossomed, and he began practicing by guiding tourists. A tourist gave him the name "Jack" for ease of pronunciation.
Ma's career was marked by rejections, but his resilience never wavered. In 1995, a trip to the U.S. introduced him to the internet. Seeing a lack of Chinese content, he founded his first venture, a website for an English translation bureau.
Ma named his next company Alibaba, a globally recognized name that would contribute to its worldwide success. Despite initial financial struggles, the 2004 introduction of the Alipay payment system proved to be a turning point.
Alibaba's 2014 IPO, raising $24.7 billion, solidified its global success. Ma stepped down in 2013, paving the way for new leadership. Today, he is also known for his advocacy on social issues in China, such as environmental concerns.
Jack Ma's story is a testament to the power of perseverance and innovation, inspiring countless entrepreneurs worldwide.
#JackMa #China #Alibaba #AliPay
Inspired by President Nixon's visit to Hangzhou, Ma's interest in English blossomed, and he began practicing by guiding tourists. A tourist gave him the name "Jack" for ease of pronunciation.
Ma's career was marked by rejections, but his resilience never wavered. In 1995, a trip to the U.S. introduced him to the internet. Seeing a lack of Chinese content, he founded his first venture, a website for an English translation bureau.
Ma named his next company Alibaba, a globally recognized name that would contribute to its worldwide success. Despite initial financial struggles, the 2004 introduction of the Alipay payment system proved to be a turning point.
Alibaba's 2014 IPO, raising $24.7 billion, solidified its global success. Ma stepped down in 2013, paving the way for new leadership. Today, he is also known for his advocacy on social issues in China, such as environmental concerns.
Jack Ma's story is a testament to the power of perseverance and innovation, inspiring countless entrepreneurs worldwide.
#JackMa #China #Alibaba #AliPay
Alibaba Cloud To Launch Of Blockchain Lab In Shibuya To Support Japanese Game Developers
Alibaba Cloud, a subsidiary of the Alibaba Group, has announced the launch of a new blockchain lab in Shibuya, Tokyo, in partnership with game and VR content developer, Skeleton Crew Studio. The lab aims to be an incubation hub for the Web3 era and will provide game developers with access to the latest blockchain technology.
The lab will offer regular seminars, workshops, and networking events, providing developers with opportunities to learn about the latest Web3 technology trends and knowledge. Developers will also have access to the ecosystem of companies affiliated with Alibaba Cloud, and will be able to conduct demonstration experiments in test environments on each ecosystem.
For the time being, access to the lab will be open to hackathon participants and select companies working on collaborative projects with Alibaba Cloud. Two major Web3 events are already scheduled to take place this year: the Web3 specialized game hackathon “asobiHack_Tokyo” and the HAPathon 2023 hackathon, which will be held in four cities, including Tokyo.
The winners of the hackathons will be given prizes and opportunities for joint marketing with Alibaba Cloud. Additionally, Alibaba Cloud plans to launch its blockchain node service in Japan later this year, which will be piloted for select users on an invitation-only basis.
The node hosting service has the ability to monitor nodes and automatically switch over in case of failure, and the nodes are protected by cloud firewalls to ensure the security of the system. In December 2022, Alibaba Cloud announced the operation of public blockchain nodes for the Avalanche (AVAX) blockchain, marking its first foray into public blockchain nodes and infrastructure provision for developers.
The launch of this blockchain lab in Tokyo reflects Alibaba Cloud’s ongoing commitment to supporting the development of Web3 technologies and providing developers with the tools and resources they need to succeed in this emerging field. The partnership with Skeleton Crew Studio is also significant, as it highlights the important role that game developers will play in shaping the future of Web3. Overall, the lab is expected to be a valuable resource for developers looking to build innovative applications on the blockchain, and will help to advance the development of Web3 technologies in Japan and beyond.
#AlibabaCloud #Alibaba #Japan #crypto2023 #azcoinnews
This article was republished from azcoinnews.com
The lab will offer regular seminars, workshops, and networking events, providing developers with opportunities to learn about the latest Web3 technology trends and knowledge. Developers will also have access to the ecosystem of companies affiliated with Alibaba Cloud, and will be able to conduct demonstration experiments in test environments on each ecosystem.
For the time being, access to the lab will be open to hackathon participants and select companies working on collaborative projects with Alibaba Cloud. Two major Web3 events are already scheduled to take place this year: the Web3 specialized game hackathon “asobiHack_Tokyo” and the HAPathon 2023 hackathon, which will be held in four cities, including Tokyo.
The winners of the hackathons will be given prizes and opportunities for joint marketing with Alibaba Cloud. Additionally, Alibaba Cloud plans to launch its blockchain node service in Japan later this year, which will be piloted for select users on an invitation-only basis.
The node hosting service has the ability to monitor nodes and automatically switch over in case of failure, and the nodes are protected by cloud firewalls to ensure the security of the system. In December 2022, Alibaba Cloud announced the operation of public blockchain nodes for the Avalanche (AVAX) blockchain, marking its first foray into public blockchain nodes and infrastructure provision for developers.
The launch of this blockchain lab in Tokyo reflects Alibaba Cloud’s ongoing commitment to supporting the development of Web3 technologies and providing developers with the tools and resources they need to succeed in this emerging field. The partnership with Skeleton Crew Studio is also significant, as it highlights the important role that game developers will play in shaping the future of Web3. Overall, the lab is expected to be a valuable resource for developers looking to build innovative applications on the blockchain, and will help to advance the development of Web3 technologies in Japan and beyond.
#AlibabaCloud #Alibaba #Japan #crypto2023 #azcoinnews
This article was republished from azcoinnews.com