China’s current richest man – Jack Ma and CEO of Chinese e-commerce platform Alibaba is set to visit Nigeria soon. According to a news story on Ventures Africa , Jack Ma hinted this when speaking at the Clinton Global Initiative which had other panelists like Nigeria’s minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo Iweala, Clelsea Clinton, CEO of General Motors Mary Barra and the president of the Ford Foundaion Darren Walker.
When asked by Dr Okonjo Iweala on how Nigeria’s young and technology savvy populace can be encouraged, he is quoted as saying “I’m so excited by Nigeria, so many young people using mobile.” He noted that increasing the interest of young people around the world will be a great boost in change. There he also advocated for a shift in focus to DT (Data Technology) as against IT (Information Technology) saying “IT Technology is for me myself. I can manage my company better. DT Technology which I call data technology is to make other people better. The future is making other people better, then you can be successful.”
“I’m so excited. I will go to Nigeria soon,” Ma said.
His company – Alibaba Group recently issued an IPO on the New York Stock Exchange (NYSE) and raised a record US$25 billion and is reportedly the largest IPO ever in history beating the likes of internet giants like Facebook which raised over US$18.4 billion in May 2012. He is currently worth about US$25 billion.