Without internet, there would have been no Jack Ma, and no Alibaba or Taobao.

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.

I think Yahoo is a great company, with great assets.

Opportunities are where the complaints are.

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).

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.

My dream was to set up my own e-commerce company. In 1999, I gathered 18 people in my apartment and spoke to them for two hours about my vision. Everyone put their money on the table, and that got us $60,000 to start Alibaba. I wanted to have a global company, so I chose a global name.