Jack Ma

Jack Ma

10-Sep-1964

China

Politician

Jack Ma is one of the best examples of entrepreneurs in the world. As a poor boy who survived the guiding tour, Ma never left a stone unturned in addition to her humble and successful attitude. One of the first steps he took in this regard was to improve his communication skills by learning English. Jack was one of the first people who saw the Internet as a business opportunity even at a time when the whole world was not believing in his ideas. After starting his first job for just $ 20000, the businessman earned about $ 800,000 in just three years. However, it was an e-commerce-based business, 'Alibaba', founded in the early 2000's that made the entrepreneur famous around the world. The money earned by the company has helped him achieve his level of success and made him the richest man in China. He also instituted a number of similar conflicts that were largely successful; One of these was an e-commerce website called 'Taobao'. Jack has also received numerous awards over the years; A few of these include features in world-renowned magazines such as 'Forbes', 'Time' and others.

QUOTES BY Jack Ma

"I think U.S. and Chinese businesses need a common language and dialogue."

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Jack Ma

"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."

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Jack Ma

"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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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."

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Jack Ma

"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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Jack Ma

"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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Jack Ma

"Every technological revolution takes about 50 years."

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Jack Ma

"IBM, Microsoft, the profit they made was larger than the top four banks in China put together... But where did the money go?"

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Jack Ma

"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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Jack Ma
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