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Jack Ma Davos 2015 interview
C: Wellcome Jack Ma
M: thank you
C:
We’ve
all
become
very
cognitive
Jack
and
his
story
and
when
Alibaba
went
public
with
the
largest IPO in history, we knew a lot
more about him, so I want to talk about his
personal story, I
want to talk about
how many times he tried and failed, and what kept
him going, I want to talk
about
where
he
is
today
and
how
he
got
here
and where
he
is
going
and
how
expects
to
get
there and if he gets there what will it
all mean for him and for the people that he wants
to inspire,
so, begin with this
question, though, Jack, why are you back at Davos.
M:
It’s a long
break for seven y
ears, I think my last
time trip here was 2008, but I was coming for
your tofind one for young global leader
for tomorrow, and I think remember I never heard
about
a
Davos
when
I
came,
but
when
I
came
out
I
and
a
Switzerland,
so
many
young
people
demonstrate wassuch a horrible scene
that I was a net and ask them who wanted to do it,
they
say NT globalization and as why
grandmas this is a great thing, why people and you
know don’t
like it, and then we come
all the way for two hours here, there
’s
some Russian gone there’s a
people
checking out the all go is that there’s follower
zap reason, we’re going to go into that, but
when I joined the fun at the young
global leader, I was thrilled by so many ideas for
the first of
three four years, I’ve
learned what does
the globalization
mean, what is the copper to citizenship
mean,
what
about
social
responsibility
mean,
how
all
these
new
ideas
and
see
so
many
great
leaders
talking
about
leadership
and
that
benefit
a
lot
and
a
year
2008,
and
2009
when
the
financial
crisis
came,
I
think
about
it
go
back
to work
because
we
can
never
win
the
world by
talking,
so
go
back
to
spend
seven
years,
now
I
come
back,
I
think
it’s
time
to
do
something
return, so I learned so much, let’s
talk about years ago so why I should not talking
to young global
leader of
today shelling with them how we gone.
C: Through that was the thing,
let’s
start with where you are today
just how big is all about, how
many
people come every day, I mean people come in a
week how fast is it growing.
M: yeah, we have for over a hundred
million buyers visiting our site shop in our site
our everyday,
and we create a hundred
million and everything we created 14 million jobs
for china directly and
indirectly,
and
we
grow
from
18
people
to
30000
people,
meeting
people
in
my apartment
to
now,
we
have
a
full
big
campers
compared
to
15
years
ago,
we
were
big
but
compared
to
15
years later
with to a baby.
C: And a big will you be 15 years from
them.
M: I think 15 years
ago, I told my team that 15 years in the past 15
years we go from nothing to
this
size,
and
15
years
later
I
wanted
people
see
know
about
alibaba
no
top
up,
because
it’s
already
everywhere,
I
want
15
years
ago
when
we
talk
about
what
is
e-commerce
why
small
business can using
this e-commerce this internet can do business
cross the nation, and I hope 15
years
later
people
forget
about
e-
commerce,
because
they
think
it’s
mega
electricity
nobody
think is a high-
tech today,
now this is something that I don’t want 15 years
later we still walk on
the straight
talking about why and how e-commerce can help
people.
C: Talk about the
IPO you did it exceed your expectations
M: well, it’s a pretty
small IPO
250.
C: yeah, two largest not to do in the
history, number two was Chinese bank.
M: Thank you, I remember your tooth and
while we went to raise some five minutes remaining
venture capitalist daughters in the USA
and got reject, and I say we come back raising
some a
little bit more, but I think it
you know what we think more about is for 225
billion dollars how we
can spend the
money efficiently, because this is not the money
visit the trust from the world, the
trust from those people they want you
to better jobs to help more people, they want have
a good
return.
So
I
think
give
me more
pressure
because
when
our
market
cap
is
bigger
than
IBM
or
someday were bigger than
Walmart, we are one of the top 10 15 largest
market cap company in
the world, I told
my team and myself is that ture, we’re
not that good because years ago people
say a lot about the models terrible
dose not make money have this and that all the big
bad things,
because emma’s
battery
-
based better, google
is better and there’s no such model like alibaba
in
the USA, so I told myself and
people, we will better than people thought, but
today when we got
that big size I
said no, we’re not that good as people
thought, we were just a company 15 years
old, average age is twenty-seven
twenty-eight year, so young people were doing
something that
human being have never
tried.
C: so. What I want
to talk about the future, let me take you back to
谈未来(
3:32
< br>)
Compared to 15 years
ago, we are big; but compared to 15 years later,
we are still a baby. I think
15 years
ago, I told my team that ... in the past 15 years,
we grew from nothing to this size, and
15 years later, I want people see no
about Alibaba, no Taobao, because it is already
everywhere.
15
years
ago,
when we
talked
about
what
is e-commerce,
why
small
businesses
can
[use]
this
e-commerce
and
this
Internet
and
do
business
across
the
nation;
and
I
hope
15
years
later,
people forget about
e-commerce, because they think it is like
electricity
–
nobody think
it is a
high-tech today. I don't want
15 years later, we still walk on the street,
talking about why and
how e-commerce
can help people.
2.
谈遭拒(
8:25
)
I think we have to get used to it. We
are not that good; even today, we are still having
a lot of
people [who] reject us.
3.
谈学英语(
< br>9:51
)
I
don't
know
why
at
12
or
13
years
old,
or
that
time,
I
suddenly
fell
love
into
that
language,
English. And
there's no place where you can learn English at
that time; there's no book, English
books. So I went to the Hangzhou Hotel,
now called the Hangzhou Shangri-la Hotel, because
that
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