Jack Ma Quotes
It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way.
When I was starting out, I thought about how the Internet is global and that we should have a global name, a name that's interesting. At that time, the best name was Yahoo! Suddenly I thought, 'Alibaba is a good name.'
I'm just a purist. What is important in my life is that I can do something that can influence many people and influence China's development. When I am myself, I am relaxed and happy and have a good result.
A trade war would be a disaster for the world. It's very easy to slip into a trade war.
I want to stress the importance of being fair to our readers. You should not impose your own view and prejudice on the readers and try to lead them to a conclusion. As a reader, I understand what a fair report is.
When we started the e-commerce, nobody believed that China would have e-commerce because people believed in 'guang-shi,' face-to-face, and all kinds of network in traditional ways. There's no trust system in China.
The name Jack was given by an American tourist.
I think Yahoo is a great company, with great assets.
Year 2008 wiped out $19.2 trillion in US income... What if the money was spent on the Midwest of the United States?
I don't care about revenues.
I don't want people in China to have deep pockets but shallow minds.
I am going to enjoy some other things apart from business.
I absolutely don't have $20 billion. But I'd love to, right?
EBay is a great company. There are a lot of good assets and good customers, and the U.S. people love it.
The competition between me and Bill Gates, probably: Who can spend money more effectively that can do better philanthropy.
Every government says they love small businesses, but what have they done for them? We should pull down all the barriers.
Our focused customers are small business and young people. We did a great job in China. How can we help those young people in India, in Pakistan, in Africa. If they can use in the same ways.
Helping doing business easier, we choose the name Alibaba because it is a global company. It is founded in China, but it was created for the world.
When I graduated from university I tried to buy a beeper, and it cost me $250. My pay at the time was $10 a month.
IBM, Microsoft, the profit they made was larger than the top four banks in China put together... But where did the money go?
