Jack Ma Quotes
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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.
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I try to make myself happy, no, because I know that if I'm not happy, my colleagues are not happy and my shareholders are not happy and my customers are not happy.
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I tell the government, if people have no jobs, you are in trouble. Government will be in trouble. My job is to help more people have jobs.
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The name Jack was given by an American tourist.
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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.
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Nobody wanted to believe Jack Ma.
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The difference between Amazon and us is Amazon is more like an empire - everything they control themselves, buy and sell.
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Spending money is much more difficult than making money.
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I want people to learn what democracy means.
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It's impossible for China to keep 10 to 15% growth annually. The economy needed to slow down, and we have to learn to slow down.
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What kind of business world are we living in?
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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.
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I know nothing about technology.
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Every technological revolution takes about 50 years.
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What a publication can do is to help people get a clearer picture without jumping to any rash conclusion. I'm very happy that the 'Post' can take the responsibility to report on China in a broader and deeper way. I believe the 'Post' must be fair to our readers. We should let our readers see China from more angles and perspectives.
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I flunked my exam for university two times before I was accepted by what was considered my city's worst university, Hangzhou Teachers University. I was studying to be a high school English teacher. In my university, I was elected student chairman and later became chairman of the city's Students Federation.
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I even don't dare to watch our stock price, because this is what other people think who you are. I dare not watch it. I think, let the market take care of themselves; we should take care of the business.
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The more I come to know about the outside world's perception of China, the more I feel there are all sorts of misunderstandings, and to a certain extent, people do not get the full picture from the media. A lot of foreigners have few opportunities to visit China, and a lot of Chinese people do not have the chance to go to Europe or to the West.
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People say, 'Well you know the economy's bad, so China consumption will be low. No, totally different. You Americans love to spend tomorrow's money, and other people's money maybe... We Chinese love to save money.
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I want to change history, do something important in my life, and influence individuals like we have with millions of small businesses on Alibaba. Then they love and respect you because you made their life important.
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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.
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In the beginning I just wanted to survive. For the first three years, we made zero revenue. I remember many times when I was trying to pay up, the restaurant owner would say, 'Your bill was paid.' And there would be a note saying, 'Mr. Ma, I'm your customer on the Alibaba platform. I made a lot of money, and I know you don't, so I paid the bill.'
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I believe the most important thing for the media is to be objective, fair, and balanced. We should not report a story with preconceptions or prejudice.
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A trade war would be a disaster for the world. It's very easy to slip into a trade war.