Jack Ma nominated for Time Person of Year

Jack Ma, founder and executive chairman of Alibaba Group Holding Ltd, has been nominated by the editors of Time magazine as one of eight finalists for the Person of the Year.Other nominees include the Ferguson, Missouri, protesters, the Ebola caregivers, Russian President Vladimir Putin, Apple CEO Tim Cook, singer Taylor Swift, NFL commissioner Roger Goodell and Iraqi Kurdish President Masoud Barzani.Since 1927, the magazine has chosen "the person or persons who most affected the news and our lives, for good or ill, and embodied what was important about the year".

Ma is described by the magazine as "an English teacher-turned founder and CEO of Alibaba, the Chinese e-commerce giant which debuted a $25 billion IPO".Ma plays a key role in shaping global e-commerce and making it borderless. In November, a group of high-end US retailers teamed up with Alipay, which will enable online shoppers in China to purchase goods through Alipay's ePass in Yuan. Electric carmaker Tesla and big-box retailer Costco opened flagship online stores on Tmall, one of Alibaba's e-commerce platforms--(ram ddr2 2gb price desktop)

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