A Quote by Jack Ma

Consumption is still going up on Alibaba. This is because when the economy goes down people look online to Alibaba to buy cheaper things. — © Jack Ma
Consumption is still going up on Alibaba. This is because when the economy goes down people look online to Alibaba to buy cheaper things.
Alibaba is Alibaba. We are going to keep on, you know, having Alibaba as our core company in our family.
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.
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.
When I started in e-commerce, there was not a lot of clutter because there were not a lot of companies. Nowadays, you have to have a pretty serious moat around your business to compete with Amazon, Wal-Mart, and even Alibaba online.
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.
Amazon does online application hosting. So does Alibaba.
We don't create things anymore, instead we just have virtual things. Uber, Alibaba and Airbnb, for example, do they have products? No. We went from this product-based model, to virtual product, to virtually no product what so ever. This is the centralization process going on.
The lessons I learned from the dark days at Alibaba are that you've got to make your team have value, innovation, and vision. Also, if you don't give up, you still have a chance. And, when you are small, you have to be very focused and rely on your brain, not your strength.
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.
The easier question might be, 'What isn't Alibaba?' The company is only 15 years old, but it has gotten so big over that timeframe that it basically touches every single part of the Chinese economy. I think the simplest comparison to draw is that it is like eBay and Amazon combined.
Alibaba is an ecosystem that helps small business to grow.
I think Snapdeal could become the Alibaba of India.
Any online gamblers here? Well, Congress is looking in shutting that down.There's going to be a massive congressional investigation of online gambling and they're going to shut it down. And when they get done with that, they're going to look into this North Korean thing.
I'm humble 'cause I think many years ago people say, 'Well, Alibaba's terrible company'. And I know we were not that terrible. We're pretty good; we're better than people thought. But today, when people have a high expectation on you, and I start to worry and nervous because we are not good yet.
Our economy is based on spending billions to persuade people that happiness is buying things, and then insisting that the only way to have a viable economy is to make things for people to buy so they’ll have jobs and get enough money to buy things.
Without internet, there would have been no Jack Ma, and no Alibaba or Taobao.
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