No matter what one does, regardless of failure or success, the experience is a form of success in itself.

"I think U.S. and Chinese businesses need a common language and dialogue."

"China is still the fastest growing economy in the world, but we need to learn how to use money in a better way, and it's about quality, not quantity."

"It's impossible for China to keep 10 to 15% growth annually. The economy needed to slow down, and we have to learn to slow down."

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

"People say, 'Well you know the economy's bad, so China consumption will be low. No, totally different. You Americans love to spend tomorrow's money, and other people's money maybe... We Chinese love to save money."

"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."

"Every technological revolution takes about 50 years."

"IBM, Microsoft, the profit they made was larger than the top four banks in China put together... But where did the money go?"

"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."

"Our focused customers are small business and young people. We did a great job in China. How can we help those young people in India, in Pakistan, in Africa. If they can use in the same ways."

"Every government says they love small businesses, but what have they done for them? We should pull down all the barriers."

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

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

"I absolutely don't have $20 billion. But I'd love to, right?"

"I am going to enjoy some other things apart from business."

"I don't want people in China to have deep pockets but shallow minds."

"I don't care about revenues."

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

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

"The name Jack was given by an American tourist."

"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."

"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."

"A trade war would be a disaster for the world. It's very easy to slip into a trade war."

"I'm just a purist. What is important in my life is that I can do something that can influence many people and influence China's development. When I am myself, I am relaxed and happy and have a good result."

"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.'"

"It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way."

"When I was 12 years old, I got interested in learning English."

"My job is to help more people have jobs."

"People think, 'Jack, you do too much.'"

"I want people to learn what democracy means."

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

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

"Nobody wanted to believe Jack Ma."

"I tell the government, if people have no jobs, you are in trouble. Government will be in trouble. My job is to help more people have jobs."

"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."

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

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

"I know nothing about technology."

"I even don't dare to watch our stock price, because this is what other people think who you are. I dare not watch it. I think, let the market take care of themselves; we should take care of the business."

"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."

"As a company, we have to be very transparent. We are in a business very related to finance, and I want this company to last long, and I want this company to be audited by everyone."

"Alibaba is an ecosystem that helps small business to grow."

"I don't shop online, but my wife buys everything at home. We buy sea crabs, fresh crabs, all kinds of things."

"You American people worry too much about the China economy. Every time you think China is a problem, we get better, but when you have a high expectation for China, China is always a problem."

"You American people worry too much about the China economy. Every time you think China is a problem, we get better, but when you have a high expectation for China, China is always a problem."

"Chinese people, young people, they don't go shopping a lot in department stores. All department store guys hate me. They say business is bad because of Jack."

"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."

"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."

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