Echo Buzz: The Fall of an Empire- What Happened to Jack Ma?

Echo Buzz: The Fall of an Empire- What Happened to Jack Ma?

Jack Ma as he gave a speech at Bund Summit in Shanghai on 24 October 2020.  source

In China, Jack Ma is synonymous with success. The former english teacher turned internet entrepreneur was the country’s richest person. $61.7Billion. That was Jack Ma’s estimated net worth according to Forbes. He topped Forbes China’s rich list for 2020 and ranked number 17 in the global Billionaires list for 2020. Ma co-founded the behemoth Alibaba group, a multinational technology conglomerate and also China’s largest company, in 1999. It is the closest thing Amazon has to peer and rival. Besides that, Ma created Alipay, a third party mobile and online payment platform in 2003. Growth of Alipay was rapid. In 2005, it attracted the American Internet portal, Yahoo!, which bought a 40% stake. In 2007, Alibaba.com raised $1.7 billion dollars in its initial public offering (IPO) in Hong Kong. Not long later, Ma created Ant group, which serves as a parent group of Alipay and other financial services. In 2020, it was scheduled for an IPO. 

SMTOWN LIVE “Culture Humanity” Concert

SMTOWN LIVE “Culture Humanity” Concert

SMTOWN Live “Culture Humanity” is a free online concert organised by SMTOWN, held on January 1, 2021 and broadcasted through Facebook, Twitter, V Live, YouTube, TikTok, Beyond Live and KNTV. The concert line-up included K-pop acts from SM Entertainment, namely, Kangta, TVXQ!, Super Junior, Taeyeon, Temin, Baekhyun, Kai, Red Velvet, NCT, WayV, SuperM, Aespa, Raiden, IMLAY and Ginjo. It has also set a record for the highest number of viewers for a Korean online concert with over 35.83 million streams from 186 countries. The entire concert was pre-recorded and filming was conducted safely in compliance with the Covid-19 restrictions. 

Sunway Tech Club STC

Sunway Tech Club STC

According to Orleans Marketing Group, there are currently more than 3.8 billion people in the world that use the internet, which is 40% of the world’s population. Every minute there are about 570 new websites created. Fun fact, there are 5 billion people in the world that own a mobile phone? Nonetheless, there are only 4.2 billion people in the world who own a toothbrush. 

Malaysian Youth Finance Series (MYFS) 2020

Malaysian Youth Finance Series (MYFS) 2020

Many are aware of the importance of investing one’s money but where do one start? Fret not, FLY Malaysia has one covered with their annual flagship event – Malaysian Youth Finance Series(MYFS) 2020. This event has many esteemed speakers such as William Chow, a Board of Director Affairs & Corporate Culture of China Construction Bank (Malaysia) Berhad, Steven Wong Weng Leong, Chief Operating & Financial Strategist (COO) China Construction Bank (Malaysia) Berhad, Ian Wong, Partner of IPP Financial Planning Group Malaysia, Kimberly Law, a senior associate of IPP Financial Planning Group Malaysia and many more.

Tips to Help Graduates Succeed in Their First Job

Tips to Help Graduates Succeed in Their First Job

With the ever-growing uncertainties surrounding the current pandemic situation, most people will consider getting a job in these times a blessing. However, getting the job is just the first step in the long journey of adulthood. Most graduates not only want to get a job but also want to thrive and be acknowledged in the workplace. Hence, Sunway Career Services collaborated with Standard Chartered Bank Malaysia to organise an e-career talk on the topic of  ‘Tips to Help Graduates Succeed in Their First Job’ on 20 October 2020 via BlueJeans.