Jack Ma Quotes

China’s government is so strong on investment, so strong on exporting, but they’re too weak on domestic consumption.

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.

If there are nine rabbits on the ground and you want to catch one, just focus on one.

I think Yahoo is a great company, with great assets.

A great opportunity is often hard to be explained clearly; things that can be explained clearly are often not the best opportunities.

If you have a different mindset, you will have a different outcome: if you make different choices from your peers, your life will then be different from your peers.

Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.

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.’

The big businesses are less willing to take risks. I talked to some young people in Hong Kong, and they said they are lost. Young people indeed have fewer opportunities than before. But is it true that there are no more opportunities for them? No!

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.

Never ever compete on prices, instead compete on services and innovation.

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.

You should learn from your competitor, but never copy. Copy and you die.

Find the right people, not the best people.