Jack Ma Quotes.
EBay is a great company. There are a lot of good assets and good customers, and the U.S. people love it.
China is still the fastest growing economy in the world, but we need to learn how to use money in a better way, and it’s about quality, not quantity.
As a business person, I want the world to share the prosperity together.
Consumption is still going up on Alibaba. This is because when the economy goes down people look online to Alibaba to buy cheaper things.
Never ever compete on prices, instead compete on services and innovation.
What kind of business world are we living in?
If Alibaba cannot become a Microsoft or Wal-Mart, I will regret it for the rest of my life.
Find the right people, not the best people.
If you want to invest in us, we believe customer number one, employee number two, shareholder number three. If they don’t want to buy that, that’s fine. If they regret, they can sell us.
I think young generation is always better than last generation. No matter you like it or don’t like it. My father said, ‘Jack, I’m so good, you’ll never be’ – but I’m better than him. My father is better than my grandfather. My children will be better than us.
When I was 12 years old, I got interested in learning English.
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.
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.
I think globalization is a great thing. And now a lot of people complain about globalization; a lot of people don’t like, you know, the globalize of the concept, the idea of the results. I think the globalization is a great idea and to create a lot of jobs.
