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.

Go big, or go home. Otherwise, you’re wasting your youth.

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.

Your employee should have superior technical skills than you. If he doesn't, it means you have hired the wrong person.

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

If Alibaba cannot become a Microsoft or Walmart, I will regret it for the rest of my life.

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.