The competition between me and Bill Gates, probably: Who can spend money more effectively that can do better philanthropy.

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

It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way.

If the 'Post' can play the role of a connector between the West and the East, I have confidence in the paper's future success.

In carrying out e-commerce, the most important thing is to keep doing what you are doing right now with passion, to keep it up.

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.

When you have one million dollars, you're a lucky person. When you have 10 million dollars, you've got trouble, a lot of headaches.

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

If you want to grow, find a good opportunity. Today, if you want to be a great company, think about what social problem you could solve.

Consumption is still going up on Alibaba. This is because when the economy goes down people look online to Alibaba to buy cheaper things.

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.

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.

Luck is very important. Of course you can't wait for luck, because it won't come. While you start a journey, luck may eventually come to you.

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.

30% of all people will never believe you. Do not allow your colleagues and employees to work for you. Instead, let them work for a common goal.

Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.

If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future.

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.

EBay may be a shark in the ocean, but I'm a crocodile in the Yangtze River. If we fight in the ocean, we lose, but if we fight in the river, we win.

I'm coming to this world not to work. I want to come to this world to enjoy my life. I don't want to die in my office. I want to die on the beaches.

You've to make consumers smart. An e-commerce portal doesn't sell a product at cheaper rates, instead an offline shop sells it at a costlier prices.

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.

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.

I believe in two principles: Your attitude is more important than your capabilities. Similarly, your decision is more important than your capabilities!

There are big problems that change the world. If we are working together, that will make us understand each other, appreciate each other, help each other.

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.

No matter how tough the chase is, you should always have the dream you saw on the first day. It'll keep you motivated and rescue you (from any weak thoughts).

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.

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.

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.

I try to make myself happy ... 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.

The customer is number one, the employee is number two and the shareholder is number three. If the customer is happy, the business is happy, and the shareholders are happy.

Help young people. Help small guys. Because small guys will be big. Young people will have the seeds you bury in their minds, and when they grow up, they will change the world.

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.

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.

You American people worry too much about the China economy. Every time you think China is a problem, we get better, but when you have a high expectation for China, China is always a problem.

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.

If we go to work at 8 a.m. and go home at 5 p.m., this is not a high-tech company and Alibaba will never be successful. If we have that kind of 8-5 spirit, then we should just go and do something else.

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.

The world is getting so small. Young people are mobile; they want to travel around the world. When you travel around the world, you exchange culture, you want to make friends, you want to exchange things.

I'm just a purist. What is important in my life is that I can do something that can influence many people and influence China's development. When I am myself, I am relaxed and happy and have a good result.

Even if your competitor is still small in size or weak, you should take him seriously and treat him as a giant. Likewise, even if your competitor is massive in size, you shouldn't regard yourself as a weakling.

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.

I want to stress the importance of being fair to our readers. You should not impose your own view and prejudice on the readers and try to lead them to a conclusion. As a reader, I understand what a fair report is.

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 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.

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.'

Alibaba spends money on improving the products and services, not on kickbacks. That's a good thing. It's called a value system, and because of that, we get more and more small- to medium-sized companies to support us in China.

My job is making money, helping other people make money. I am spending money, trying to make sure more people get rich, because you cannot spend a lot of money, right? So my job is spending money, helping others. This is a headache.

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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