Jack Ma Quotes
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Before I left China, I was educated that China was the richest, happiest country in the world. So when I arrived Australia, I thought, 'Oh my God, everything is different from what I was told.' Since then, I started to think differently.
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Chinese people, young people, they don't go shopping a lot in department stores. All department store guys hate me. They say business is bad because of Jack.
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As a company, we have to be very transparent. We are in a business very related to finance, and I want this company to last long, and I want this company to be audited by everyone.
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In 2001, we went to raise some $3 million in venture capital in the U.S. and got rejected. So we’ve come back and raised a little bit more: $25 billion. This is not money; this is trust from the world, trust from the people.
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The most important thing is to make the technology inclusive - make the world change. Next, pay attention to those people who are 30 years old, because those are the internet generation. They will change the world; they are the builders of the world.
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Our philosophy is, using internet technology, we can make every company become Amazon.
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I respect Apple. It's a great company that changed the world, especially the mobile time.
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I like to play cards. I'm not very good, because I don't want to calculate, I just play by instinct. But I've learned a lot of business philosophy by playing poker.
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When I was 12 years old, I went to swim in a lake, and I almost died in that lake because the water was too deep - much deeper than I thought.
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The problem is the fake products today are of better quality and better price than the real names ... They are exactly the same factories, exactly the same raw materials but they do not use the names.
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When you have one billion dollars, that's not your money. That's the trust the society gives to you.