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"My vision is to build an e-commerce ecosystem that allows consumers and businesses to do all aspects of business online."
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"My vision is to build an e-commerce ecosystem that allows consumers and businesses to do all aspects of business online."
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Personal Development
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"I call Alibaba '1,001 mistakes.' We expanded too fast, and then in the dot-com bubble, we had to have layoffs. By 2002, we had only enough cash to survive for 18 months. We had a lot of free members using our site, and we didn't know how we'd make money. So we developed a product for China exporters to meet U.S. buyers online. This model saved us."
Entrepreneurship

"I'm not a tech guy. I'm looking at the technology with the eyes of my customers, normal people's eyes."
Leadership

"The very important thing you should have is patience."
Personal Growth

"On privacy issues, it's just like hundreds of years ago when people said, 'I would rather put my money under my pillow than in a bank.' But today, banks know how to protect money much better than you do. Today, we may not have the answers to privacy issues, but I believe our young people will come up with the solutions."
Technology

"My vision is to build an e-commerce ecosystem that allows consumers and businesses to do all aspects of business online."
Business Vision

"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."
Mentorship

"I respect Apple. It's a great company that changed the world, especially the mobile time."
Business

"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."
Technology

"As a business person, I want the world to share the prosperity together."
Business Philosophy

"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."
Challenge
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