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" 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. "

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" 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.' "

Jack Ma

Time

Good

Out

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

Jack Ma

Money

" The difference between Amazon and us is Amazon is more like an empire - everything they control themselves, buy and sell. "

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

" In the beginning I just wanted to survive. For the first three years, we made zero revenue. I remember many times when I was trying to pay up, the restaurant owner would say, 'Your bill was paid.' And there would be a note saying, 'Mr. Ma, I'm your customer on the Alibaba platform. I made a lot of money, and I know you don't, so I paid the bill.' "

" I flunked my exam for university two times before I was accepted by what was considered my city's worst university, Hangzhou Teachers University. I was studying to be a high school English teacher. In my university, I was elected student chairman and later became chairman of the city's Students Federation. "

" Spending money is much more difficult than making money. "

Jack Ma

Difficult

Making Money

" 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. "

" 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. "

" Trust the young people; trust this generation's innovation. They're making things, changing innovation every day. And all the consumers are the same: they want new things, they want cheap things, they want good things, they want unique things. If we can create these kind of things for consumers, they will come. "

" 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. "

" Today the financial market is no good, but the money is there. "

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

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

" 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. "

" EBay is a great company. There are a lot of good assets and good customers, and the U.S. people love it. "

" 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. "

" 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. "

" 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. "

" 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. "

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

Jack Ma

Going

People

" I'm humble 'cause I think many years ago people say, 'Well, Alibaba's terrible company'. And I know we were not that terrible. We're pretty good; we're better than people thought. But today, when people have a high expectation on you, and I start to worry and nervous because we are not good yet. "

" Every time there's an election, people start to criticize China. "

" I don't think I'm a workaholic. Every weekend, I invite my colleagues and friends to my home to play cards. And people, my neighbors, are always surprised because I live on the second floor apartment, and there are usually 40 pairs of shoes in front of my gate, and people play cards inside and play chess. We have a lot of fun. "

" If we work so hard and put all the money in the hospital to buy medicine - it will be a disaster. Why we should work? So without a healthy environment of this Earth, no matter how much money you make, no matter how wonderful you are, you have a bad disaster. "

" What kind of business world are we living in? "

" 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. "

" Year 2008 wiped out $19.2 trillion in US income... What if the money was spent on the Midwest of the United States? "

Jack Ma

Money

United States

" 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. "