Alibaba Founder Jack Ma Says 'Inspired by PM Modi's Speech'

Alibaba Founder Jack Ma Says 'Inspired by PM Modi's Speech'

A file photo of Jack Ma, the founder of China's e-commerce giant Alibaba

Jack Ma, the founder of China's e-commerce giant Alibaba and who is also China's richest person, is spoke at an event organized by Indian trade body FICCI. Alibaba recently created history with the largest-ever initial public offering (IPO) at nearly $25 billion. In this process, Jack Ma also became one of Asia's wealthiest person, with his personal wealth pegged at nearly $30 billion.

Highlights of his Speech:

  • Was inspired by PM Modi's Speech on Doing Business in India
  • Hopeful of more business ties between Indian and China
  • Hopeful of more Indian vendors selling products to Chinese users via Alibaba
  • Indian tea, spices in great demand in China
  • India is a great nation with many young people
  • India has great products that can sell through our platform in China
  • Right now it's a wonderful time for India and China to do business, particularly after the visit Chinese President to India
  • We will improve our platform and technology in the future
  • Internet is changing the world
  • I agree that Internet will change India too
  • There is a great opportunity for Indian entrepreneurs to work with their Chinese peers
  • Alibaba will work more with Indian suppliers and invest more in India business
  • Indo-China business cooperation has a lot of potential
     
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