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Why was Ma Yun kicked out of Entrepreneur?
Ma Yun was kicked out of Entrepreneur because after his success, he had proud capital and became outspoken.

High-profile hate sentences, such as 996 is a blessing for young people. However, in his speech at the 2020 Shanghai Bund Financial Summit, Ma Yun even criticized the financial supervision system. Later, Ma Yun was criticized by the official media, and the listing of Ant Financial was also stopped.

When Ma Yungang founded Alibaba, he brought many business opportunities. With the establishment of Taobao, leading China into the field of e-commerce, the rapid rise of major e-commerce companies has also promoted the development of the logistics industry. However, the rise of e-commerce has caused different degrees of impact on the small and medium-sized real economy, and the physical stores have shown a bleak feeling that cannot be concealed.

In 2020, major Internet companies have entered the community to buy this track. As a leader, Alibaba will naturally not miss it, but there is a problem. So much cake, so much market. When these large enterprises use large-scale preferential subsidies to occupy the market, the small manufacturers at the bottom will lose the market.

Then they will face unemployment, which runs counter to what Ma Yun said when he founded Alibaba. In 2020, Ant Financial failed to go public. It is shocking that the valuation of Ant Financial has reached 2 trillion yuan, which means that if the listing is successful, Ant Financial will set a new world record for a single public offering.

There are many credit loan products on the market. Alipay, as a third-party payment software, has now become a financial product, while flowers and borrowing have become the payment methods of many young people. The annual interest rate of borrowing is close to 20%, which is more than three times that of banks. But many young people don't realize the power of this, and it is easy for young people to go astray.

With the suspension of listing of Ant Financial, many inside stories were exposed. The essence of spending money and borrowing money is to leverage people's consumption. Once the leverage is out of control, the risk will exceed expectations. Alibaba has promoted the development of e-commerce enterprises in China, but it has had a huge impact on the real economy in China, causing many ordinary people to lose their jobs to some extent.

Introduction to Ma Yun:

Ma Yun, male, 1964 was born in Hangzhou, Zhejiang Province in September. Originally from Gulai Town, Shengzhou City, Zhejiang Province. The main founder of Alibaba Group, former chairman of the board of directors of Alibaba Group, director of Japanese Softbank, chairman of the board of directors of TNC (Nature Conservancy) in China and a member of the global board of directors, director of Huayi Brothers and director of the Life Science Breakthrough Award Foundation.

20 18 12 18 the CPC central Committee and the State Council awarded comrade ma yun the title of reform pioneer, the medal of reform pioneer and the innovator of digital economy. 20 19 On February 26th, Hurun Research Institute released Hurun Global Rich List 20 19, and Ma Yun became the richest Chinese in the world with 260 billion yuan.

20 19 In June, Ma Yun and his family ranked 1 in the 20 19 Hurun Report with a wealth of 275 billion. 165438+ 10, in the 20 19 Forbes China Rich List, Ma Yun topped the list with a value of 270 1. 1 billion.