A Quote by Jack Ma

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.

Jack Ma

Quote Topics

Alibaba Because Business China Choose Company Created Doing Easier Founded Global Helping Name World

Quote Author

Jack Ma
Chinese - Businessman
Born: September 10, 1964

My dream was to set up my own e-commerce company. In 1999, I gathered 18 people in my apartment and spoke to them for two hours about my vision. Everyone put their money on the table, and that got us $60,000 to start Alibaba. I wanted to have a global company, so I chose a global name.

Jack Ma

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.'

Jack Ma

I wanted to have a global company, so I chose a global name. Alibaba is easy to spell, and people everywhere associate that with "Open, Sesame," the command that Ali Baba used to open doors to hidden treasures in One Thousand and One Nights.

Jack Ma

I think China thinks information technology is less important than we think it is in the US, economically, and more important politically. And so Chinese internet companies are extremely political, they're protected behind the great firewall of China, and investment in Alibaba is good as long as Jack Ma stays in the good graces of the Chinese communist party. Alibaba is largely copying various business models from the US; they have combined some things in interesting new ways, but I think it's fundamentally a business that works because of the political protection you get in China.

Peter Thiel

As China's retailing champion, Alibaba makes Amazon look like a company that carefully picks its spots. Sure, Amazon does e-tailing. So does Alibaba.

Adam Lashinsky

If China is doing business with a company that ends up putting money back into proliferation activities, then we'll sanction that company and China.

Cory Gardner

Alibaba is Alibaba. We are going to keep on, you know, having Alibaba as our core company in our family.

Masayoshi Son

There is not a single country in the world that is not interested in doing business with China. And no one is seriously concerned about human rights. But Africans are criticized for wanting to do business with China.

Jacob Zuma

I think I became an entrepreneur because I have my way of doing business... to do that, you have to have your own company. But if you have your own company, you're an outsider in the Japanese business world. It's difficult. But that's life.

Masayoshi Son

People tend to wonder when Alibaba will enter the U.S. market. But those people are asking the wrong question. Alibaba reckons that, in 2010, China and the U.S. had an equal number of online shoppers, about 140 million.

Adam Lashinsky

We don't believe the market can be dominated by one company in e-commerce in China - namely Alibaba. The Chinese market is very wide and deep, with a huge population.

Zhang Jindong

PayPal, which was founded in 1998, may be the closest thing to a global currency that has ever been created. Based in San Jose, California, the company operates in 190 markets, sending and receiving payments in 24 currencies on behalf of 90 million active members.

Daniel Lyons

Travelex has grown into a global business in just 25 years. The acquisition of Thomas Cook's Global & Financial Services has created a business that would have had a combined turnover of U.S. $28.4 billion in 2000.

Lloyd Dorfman

Scientists are doing an awful lot of damage to the world in the name of helping it. I don't mind attacking my own fraternity because I am ashamed of it.