【文章內(nèi)容簡介】 en a pany called invited 24 of my friends, had a twohour finally [unintelligible 00:01:19] we had a of them against me.“Forget about ’s no such kind of network called ’t do it.” There’s only one person who said “Jack, I trust don’t know what that is, but if you want to try it, go ahead, try you’re still young.” At that time I was 30 years I started my business, without knowing anything about puter, without knowing anything about started my first pany, my wife and I and a school borrowed [start] from US $1,000 we start the was so called myself like a blind man riding on the back of blind around for the past 20 years I survive the first three years life was really remember I tried to borrow US $3,000 from the took me three months asking any friends I know to borrow the money [unintelligible 00:02:22].Still failed, coz verybody said “Jack is telling a lie, because there’s no such network called Internet in 1996.”So one day, later 1996, China was connected to the invited ten media friends to my want to tell them I’m not telling a is a network called waited three hours and a half to see the first – to download the first people said “Is that thing going to work?” And I say “Yeah, it’ll work, but not ten years it’ll work.” But at least it proved that I was not telling a remember when we tried to help our small business to sell want to sell because nobody e to first week we have seven employees, we buy and sell second week somebody start to sell on a buy everything they have two rooms full of things we bought for New Year’s, [all garbage] for the first two order to tell people that it was not 1995 to 1999 we go nowhere, our business, because nothing was 1999 I invited 18 friends of mine who came to my decided to do it call the name people say why Alibaba? We believe Internet is a treasure island which opens sesame for small we used Alibaba because it’s easy to spell, easy to we want to focus on helping small at that time we see [unintelligible 00:04:26] merce [with the] American emerce they focus on helping on big panies, they’re focusing on helping big panies to save the believed China we don’t have a lot of big panies, we have so many small business, and small business it’s so difficult for them to we can using Internet as a technology to help small business it’ll be we start to say if America is good at helping big panies, just like America is good at making basketball we should play pingpong in China, we should help the small we should not helping small guys to save cost, because small business know how to save the cost, but small business should learn how to make our business is focusing helping small business to make money we want to make the pany last for 102 people are curious – why 102 years? Because Alibaba was born in 1999, last year we had – last century we had one year, this century 100 years, next century one across three give a clear goal to any ’t say we are successful, no matter how much money we raised, no matter how much money we make, no matter how much we have ’t forget we want to live 102 , 16 years passed, we have another 86 years to in next 86 years, if any time we die we’re never I heard this club is 108 years old I was surprised and ’s so much we can learn from , today nobody believed that Alibaba could survive, because people say “You are [free], you’re tiny” and, you know, and especially when we talk about – when we IPO’d people say “Ah, you are Alibaba, you are ’re like Amazon.” Because in American point of view Amazon probably is the only business model for no, we are difference between us and Amazon is that we do not buy and sell, but we help small business to buy and have 10 million small business on our site buy and sell every we do not deliver our packages, although – ourselves, though we have more than 2 million people help us to deliver over 30 million packages per do not own warehouses, but we manage tens and thousands of warehouses for other small, medium sized delivery we do not own inventories, but we do have more than 350 million have more than 120 million buyers ing to shop every day on our also, we sell – our revenue last – our sales last year were US$ 390 this year, possibly, we are going to be bigger than Walmart Walmart manage – that size of business have more than million people。we grow from 18 people to today 34,000 the difference between Amazon and us the other is Amazon is a shopping here emerce is merce, in China emerce is a people [unintelligible 00:08:08], they using emerce to exchange ideas, they municate, they build up the trust, they build up a ’s just like Starbucks – you never go to Starbucks to test how wonderful coffee ’s a this is how Internet emerce is changing what we felt proud of is not how much things we said this year we’ll be bigger than Walmart – yes, we are know in five years we will sell US$ 1 is my goal, which we think possibly we will make are proud of that but we are more proud because we create direct [and indirect] job, 14 million jobs for we’ve created jobs in the created a lot of jobs for 51 percent of the power sellers on the Internet are we feel so proud of people say okay, now Alibaba did 39。s your next? What39。s your future cause you are , 80 percent of the buy and the sell online are created by our future is that we have to focus on globalizing our 39。s not only sell more want to make, to globalize the infrastructure of Internet eCommerce grow so fast in China than in the USA? Because the infrastructure of merce in China was too like have [Click] have all the shops offline, Walmart, Kmart, everything in China we have nothing eCommerce in the US is a 39。s plementary to the main in China it bees the main created the we think if we globalize our infrastructure — the payment, the logistics center, the transparent platform all around the the small business around the world to sell the global consumers to buy vision is in ten years we