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The world only knows that Li Ka-shing bought business assets in the UK, but few people know that before Li Ka-shing bought the UK, Jack Ma had already laid out in India and prepared his own business empire. This fact was confirmed in a recent news release from the central bank, which said that Alipay had changed its actual controller to "no actual controller". The change has caused a lot of public buzz, but what many people don't know is that Jack Ma invested in Paytm, India's mobile payment company, eight years ago, and in just a few years, it has become one of India's most important internet companies. Jack Ma's layout is similar to Li Ka-shing's move to buy the UK, which is a hand they left behind before retirement, demonstrating their advanced business vision and strategic planning ability. From this point of view, the world's attention to Li Ka-shing's purchase of the UK may only be due to his fame and huge asset value, but little is known about Jack Ma's actions in India.
To understand why Alipay changed the actual controller, we first need to understand what "no actual controller" is. The so-called no actual controller means that there is no group or individual in a company that can actually control the company or organization. Due to the change in the actual controller of Alipay, companies, including Ant Financial Group, have made corresponding adjustments to meet the requirements of relevant national laws and regulations. This change has no material impact on Volkswagen, but is only an adjustment to better operate and comply with legal requirements. This is also a regular move in the context of Jack Ma's Ant Financial Group's suspension of listing on November 2, 2020, and the fine imposed on July 7, 2023.
For Jack Ma, as early as 8 years ago, he invested $600 million in Paytm, an Indian mobile payment company, and provided a lot of technical and financial support, making it one of India's top Internet companies. Jack Ma has built his own business empire in India and has copied many of China's internet business models. This kind of layout and strategic planning makes people marvel at Jack Ma's insight and vision.
However, Jack Ma's entrepreneurial journey has not been smooth. Jack Ma did poorly in math in elementary and middle school, and even failed the college entrance examination many times because of this. However, with his unique insights and excellent English skills, Jack Ma founded his own translation company during his college years, and later founded Haibo Computer and China Yellow Pages. Eventually, Jack Ma founded Alibaba with a group of like-minded partners, which was a huge success. This tells us that everyone has a chance to succeed, regardless of their origin, with courage and unique thinking.
Jack Ma's life is full of legends, but it's important to remember that even Jack Ma, who is building a huge business empire, makes mistakes. His experience tells us that no matter how successful your career is, you must adapt to the changes of the times and the development of laws and regulations, and adjust and change your strategy and tactics at any time. Just like his layout in the Indian market, Jack Ma is always on the lookout for opportunities and investment targets across the globe to achieve his business vision. Mr. Li's purchase of Britain was just his last big move before he retired, and Mr. Ma's layout and investments were part of the business empire he built.
All in all, both Li Ka-shing and Jack Ma's business layout and investment have demonstrated their business vision and strategic planning capabilities. They are not only focusing on their own domestic market, but also actively looking for opportunities for globalization and leaving their footprint around the world. For Li Ka-shing's purchase of the UK and Jack Ma's layout in India, we should learn more about and pay attention to it, so as to gain enlightenment for business and strategic development.
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