Last quote about Alibaba

We know ... Chinese companies outside like Alibaba and Huawei. Wait a few years and you will see hundreds of Alibaba's and Huawei's after they finished to exploit the local market and they turn into the international market we are going to see something which really will be amazing.
Mar 24 2017
You can find on this page a variety of quotes, by one or many people, on what they said about Alibaba. 78 people are quoted and you can read 148 citations of them about Alibaba. Jack Ma, Joe Tsai, Daniel Zhang and Michael Evans, are those who have spoken the most about this topic. Jack Ma said: “The majority of counterfeiters are not held legally responsible for their actions. If the penalty for even one fake product manufactured or sold was a seven-day prison sentence, the world would look very different both in terms of intellectual property enforcement and food and drug safety, as well as our ability to foster innovation.”.
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Douglas Feagin - Ant Financial Services Group

MoneyGram we view as very attractive because it gives a global network of remittance capability and kind of an omnichannel approach that connects us. That's why we've entered the transaction and look forward to completing the deal with them. Today with our wallets you can transfer money in a country quite easily, and we want to enable that more broadly around the world. That's what MoneyGram would help us to do. We're focused on larger markets there in terms of the population and the opportunity set. So I would expect to see some other partnerships this year.

Cindy Liu - eMarketer

Alibaba's ad revenues show no signs of slowing down as user engagement on the Taobao app increases and the company continues to deliver highly relevant ads to consumers.

Cindy Liu - eMarketer

Ad spending in China continues to shift rapidly toward digital formats, fueled by rising time spent online and greater advertiser spending on mobile formats, especially on video and social media.

Jack Ma - Alibaba Group

The majority of counterfeiters are not held legally responsible for their actions. If the penalty for even one fake product manufactured or sold was a seven-day prison sentence, the world would look very different both in terms of intellectual property enforcement and food and drug safety, as well as our ability to foster innovation.

Michael Nathanson - MoffettNathanson

Even with rosy growth forecasts, at $22 billion, we're looking at a stock trading at five to eight times estimated revenues in 2020. The only companies in that domain are Facebook and Alibaba, and they have massive scale. And both of them are profitable.

Alex Yao - JPMorgan Chase & Co.

Most likely a lot of the opportunities will be grabbed by the larger incumbents – Baidu, Tencent (and) Alibaba – but there are vertical opportunities for a lot of start-ups as well.

Bruno Mercier - Sun

We are slowing down a bit our pace of expansion of hypermarkets and at the same time we want to make sure that every one of them reaches the turnover we want to have. We want to open some new formats. We will open some high-end supermarkets.

Rich Williams - Groupon Goods

In 2016, our concentrated focus on key strategic initiatives provided a strong foundation for Groupon going forward and resulted in a streamlined global operation, a healthier Goods business, improved customer service and strong customer acquisitions after a successful online and offline marketing strategy. We look forward to continuing to invest in the Groupon brand and unlocking the true potential of our business as we make Groupon the daily habit in local commerce.

Margo Georgiadis - Mattel

Play has a tremendous impact on a child's cognitive, social and emotional growth. By combining Mattel's unmatched expertise in childhood learning and development, with Alibaba's immense reach and unique consumer insights, our goal is to help parents in China raise children to be their personal best. The multi-billion dollar toy category in China is highly fragmented, with tremendous potential for growth. Working with Alibaba, we see a terrific opportunity to develop and lead the category.

Maggie Zhou

A physical Alibaba headquarters is a key step in ensuring Australian businesses have the support and information they need to succeed in China and the rest of the world. Longer term, Alibaba Group's vision for the ANZ region is to build the entire operating infrastructure needed to enable local businesses to expand globally.

Cindi Profaca

If the goal is job growth, it's not going to be coming from these companies. They just don't need that many people.

Kathy Smith - Renaissance Capital

That's why there is such high multiples for these software companies. The profit margins are really high because they can scale very easily without adding that many employees.

Warren Mead

The combination is a powerful one: leading-edge technology with global reach and a significant physical footprint. Innovation and trust in one bundle. I expect to see the ever increasing convergence of fintech and the more traditional financial services sector.

Jack Ma - Alibaba Group

Conflicts "will definitely be there. If [the conflicts] were not dealt with properly, they might lead to a relatively big trade war, which is not a good thing for China, the U.S. or the world economy. It is only that his speaking style and the way he does things are different from what we're used to expecting from politicians. He saw the many problems existing now in the U.S. and he hopes to solve them in a different way.

Alex Holmes - Capital Economics

MoneyGram can now accelerate and expand our suite of global hybrid solutions and integrate an even larger digital and physical network, making money transfers easier for customers and providing a wider selection of services for the agents who serve them around the world. Ant Financial is an ideal partner for MoneyGram; together, we will be able to expand our business and, in doing so, offer more people around the world access to a reliable financial connection to loved ones.

Bharat Kapoor

The numbers speak for themselves. They've removed so many millions of listings (of counterfeit products) but the problem is still rampant. Very little has been done on the ground. The complaint filing process on Alibaba is so complex. There are some 30 sub codes that you have to use to file a complaint for each listing on Taobao and you have to justify that a particular product is fake. This is not something that is required for any other marketplace.

Junheng Li - JL Warren Capital

(Cloud computing) is a relatively new sector in China so there are many players trying to get in early to grab market share so inevitably, you see competition heat up pretty quickly, That's why the cloud business, although it's only been in operation for a couple of years, you already see pricing pressure. I think people are happy that Chinese consumers are still spending in the e-commerce sector but they are waiting to see how (Alibaba's) other businesses, such as cloud computing, will play out. I think it's too early to say.

Sean Spicer

I think areas in the South China Sea that are part of international waters and international activities... I think the US is going to make sure that we protect our interests there. So it's a question of if those islands are in fact in international waters and not part of China proper, then yes, we're gonna make sure that we defend international territories from being taken over by one country. When he met the head of Alibaba a couple of weeks ago, that was part of the point. There's huge market issue there. But in many cases, it's not a two-way street.

Jack Ma - Alibaba Group

Alibaba's partnership with the IOC is built on a foundation of shared values and a common vision for connecting the world and enriching people's lives.

Eric Jing - Ant Financial Services Group

We have an ambition to be a global company. So my vision (is) that we want to serve 2 billion people in the next 10 years by using technology, by working together with partners … to serve those underserved.

Jack Ma - Alibaba Group

In America there is freedom of speech, so of course he can say whatever he wants. We did not debate on China-U.S. trade, or manipulation. We did not debate. Actually we agreed on something – small business.

Jack Ma - Alibaba Group

The world can never have one model. If the world has only one correct model, the world is too boring. The people who use the model should believe in the model. I believe in what I do.

Jack Ma - Alibaba Group

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

Jessie Zheng - Alibaba Group Holding

The most powerful weapon against counterfeiting today is data and analytics, and the only way we can win this war is to unite. Alibaba welcomes brands and other organizations in the creation of the world's first 'Big Data Anti-Counterfeiting Alliance.' With our robust data capabilities, we are confident the alliance will accelerate the digital transformation in our global fight against counterfeits.

Sotirios Paroutis

Anchoring the new name on the valuable link with Alibaba makes sense, as it is a fresh break from Yahoo's troubled recent past. If true that the first part of the name is about 'alternative,' it remains to be seen what is alternative about the new firm and how its strategy will relate to Alibaba.

Richard Titherington

I think the growth companies, the Alibabas and the Tencents of this world, (will) continue to do well.

Rob Dunkel

The problem that Ma's created has cost the U.S. millions of jobs. Why should we believe you now?

Rania Sedhom

I'm not sure people understand how endemic an issue this is. I don't think the government as a whole understands the true consequences and where the money is going.

Robert Christie - Alibaba Group Holding

If you ingest something or it touches their skin, they don't want it made in China. That's everything from makeup to vitamins to lotions to clothes. We know there's big demand for that in China. We are actively using our big data capabilities not only to remove suspect products from our site, but also to help put counterfeiters in China behind bars.

Harley Lewin - McCarter & English

Jack Ma is great at PR and Trump is a sucker for anybody who kisses his whatever. Ma is going to say that because those are the buzzwords that appeal to the incoming administration.

Harley Lewin - McCarter & English

It makes sales into China prohibitive. You can't compete with the volume of selling of fakes on the internet.

Emile Chang

We welcome foreign investments, and Chinese investments in principle as well. But the review process is stricter.

Daniel Zhang - Alibaba Group Holding

Our combination with Intime will enable us to tap into the long-term growth potential of a new form of retail in China powered by Internet technology and data.

Daniel Zhang - Alibaba Group Holding

We don't divide the world into real or virtual economies, only the old and the new. Those who cling on to the old ways of retailing will be disrupted.

Donald J. Trump

We had a great meeting, and a great, great entrepreneur, one of the best in the world, and he loves this country, and he loves China. Jack and I are going to do some great things.

Jack Ma - Alibaba Group

I think the president-elect is very smart, he's very open-minded to listen. [Trump] has concerns, and he has solutions, that he wants to discuss with China and us.

Jack Ma - Alibaba Group

We mainly talked about small business and young people and American agriculture products to China. And we also think, that the China and US relationship should be strengthened, should be more friendly.

Zheng Junfang

We want to mete out to counterfeiters the punishment they deserve in order to protect brand owners. We will bring the full force of the law to bear on these counterfeiters so as to deter others from engaging in this crime wherever they are.

Scott Kessler - S&P Capital IQ

On Wednesday Ant Financial was growing in a thriving financial technology - fintech - environment and an IPO would also benefit parent company Alibaba . They already partake in some of the profits from Ant Financial, and really have the ability to take a very significant stake upon the confirmation of an IPO. We expect (current CEO) Marissa Mayer to exit the company.

Michael Evans - Alibaba Group Holding

We are far more effective and advanced in IPR protection than when the USTR took us off the list four years ago. The decision ignores the real work Alibaba has done to protect IP rights holders and assist law enforcement to bring counterfeiters to justice. The USTR's decision leads us to question whether the USTR acted based on the actual facts or was influenced by the current political climate.

Grace Chen - Morgan Stanley & Co. International

We believe the market in general still views Alibaba as a traditional e-commerce company, as this remains the major profit driver, while its efforts to upgrade the e-commerce business and invest in other strategic initiatives (i.e. AliCloud) are underappreciated. For example, given the strong growth in AliCloud, the future revenue and profit mix could be materially different from what it is now.

Cai Wensheng

Through growing our user base and enhancing users' engagement in a cost-efficient manner, we are determined to develop Meitu as a portfolio of innovative photo and community apps so as to retain and attract more business partners to our ecosystem – which could ultimately contribute to our revenue.

Mark Li - Sanford Bernstein

For China, YunOS addresses the concern that the majority of smartphones in the nation run on an operating system that is ultimately led by a foreign company, Google.

Ethan Yu - AliCloud

We are not looking at profitability as the near term goal. For now, our goal is to keep expanding our market leadership and therefore we will continue to make investments and develop that for rapid expansion.

Ethan Yu - AliCloud

We have a strong flavor of China and Asia. We are the true cloud that can provide a global infrastructure to our end users and are connected globally especially in China.

Ethan Yu - AliCloud

We will be in a much better position in a few months down the road. For me, a very positive relationship between China and the U.S. will be helpful for all business moving forward. From our perspective, we will focus on our business first.

Yu Sicheng - AliCloud

Our focus is to keep expanding our market leadership and presence and this is our priority for now.

Yu Weimin

Big internet companies are the ones with the means to fight cyber terrorism, which is why we need more cooperation between the private and public sector.

Yang Peng

This marks a step forward for China. We are asking [Tencent] professionals to learn from these regulations.

Minh Tran - Lenovo Group

Chinese companies, such as Alibaba and Huawei, that are looking to operate abroad or attract foreign capital are expecting higher English proficiency levels from their applicants.

Mike Khouw

Obviously, those who were following the stock probably observed that it was trading relatively weak, so they didn't digest what otherwise looked like an impressive growth number very well.

Michael Evans - Alibaba Group Holding

We're very comfortable with the accuracy of our reporting, and in the quality of our numbers. The SEC sent us a request for information on a variety of things. We've responded to that and we're working in full cooperation with the SEC. And we're not concerned about both what they're looking at, and also what we're disclosing.

Michael Evans - Alibaba Group Holding

We feel very good about our numbers. Politics, we can't control. The quality of what we disclose, we can. And our ability to work cooperatively with government and regulatory agencies around the world is a hallmark of building this business for the global markets.

Donald J. Trump

I have the largest bank in the world as a tenant of mine. I have very big relationships with China, but the fact is China is the great abuser of the United States economically and we do nothing about it, and it would be very easy to stop.

Michael Evans - Alibaba Group Holding

United States: great country. China: great country. The two biggest economies in the world. If those two countries work together .... then both of those countries will do extremely well. But most importantly, the rest of the world will do well. The rest of the world is relying on the United States and China to figure it out. I have a high expectation that that's going to be the case.

Joe Tsai - Alibaba Group Holding

A lot of brands have tried to set up their own website and to access consumers directly, but they've not been very successful.

Joe Tsai - Alibaba Group Holding

You have to employ very sophisticated technology to police the site. We cooperate with IP enforcement agencies to crack down on counterfeiters not just online but also getting data to law enforcement so they can do factory raids and shut down factories.

Doug McMillion - Wal-Mart

Our new services will leverage our combined strengths to give Chinese consumers access to quality products from around the world.

Jessie Qian

There are several factors contributing to the growth in mobile users. First of all, it's the access of cheaper mobile phones and secondly, the confidence in the third party payments (systems).

Duncan Clark

In China, shopping is entertainment. A lot of people [in inland cities] are tuning in to live broadcasts for products. Hundreds of thousands of people follow internet celebrities who use these platforms to sell.

Duncan Clark

Jack Ma likes to say that they're no longer an e-commerce company. They're sort of transcending that. It's about data, it's about finance, it's about media.

Daniel Zhang - Alibaba Group Holding

Back in 2013, 35 billion yuan (US$5.15 billion) was our one-day GMV (gross merchandise volume). Now we can achieve it in one hour.

Christian Magoon

They are trying to follow the Jeff Bezos model. I'm willing to give them the benefit of the doubt that they will be able to turn these businesses into profit centers in the years to come.

Maggie Wu - Alibaba Group Holding

Making the business profitable is not the top priority for Alicloud at this stage. The top priority is to keep expanding our market leadership, therefore we will continue to make investments to develop our cloud business for rapid expansion.

Cindi Profaca

There are very few stocks that allow access to the Chinese consumer, and this is one of them. And industry trends in e-commerce are all pointing upward, at least for the moment.

Todd Gordon

You don't want to buy calls, which is also a bullish bet, because those calls based on the implied volatility are overvalued, so it's better to be selling the expensive puts.

Todd Gordon

It looks like we could continue to press higher following the report on Nov. 2.

Jim Chanos - Kynikos Associates

You see a line item, equity and net income of affiliates, but there's no idea – with the 2 million employees – of what those costs are, what the accounting is there.

Jim Chanos - Kynikos Associates

I would want to know if I'm investing in a $280 billion company that's supposedly on the forefront of the digital revolution of China why it's so cash flow negative and we can't good answers.

Michael Evans - Alibaba Group Holding

Many of the things that Jim has focused on are actually real concerns, which the Chinese regulators and leaders are also focused on. But we have confidence that they both understand the magnitude of the issues and are thinking about solutions that will be sustainable in the long term.

Michael Evans - Alibaba Group Holding

If you think about China today as a market that is very dependent on the big four banks....then you have to understand that the government and regulators are very concerned that those banks remains safe because they are the central pillars of the economy.

Michael Evans - Alibaba Group Holding

I believe that ... foreign technology companies will be successful in China. I also believe that Chinese technology companies, including Didi, probably Alibaba, will be successful in the U.S. and Europe. But that is the challenge and the most difficult parts of globalization for us.

Daniel Zhang - Alibaba Group Holding

Last year we brought many international brands to China for the first time. We are bringing them to consumers in Hong Kong and Taiwan for the first time this year, and next it will be Southeast Asia and the rest of the world.

Lin Feng

In China ... audiences love to buy virtual gifts for Internet celebrities who are hosting a show.

Jack Ma - Alibaba Group

We will be looking at an IPO in the next few years; we are not yet sure where we will list or when exactly.

Shao Xiaofeng - Alibaba Group Holding

We look forward to working with Amblin Partners, a company that shares our vision of powerful storytelling. This partnership is the first of its kind for both Amblin Partners and Alibaba Pictures and marks an important milestone in our globalization strategy to reach Chinese and global audiences alike. We will also leverage Alibaba Group's ecosystem as a channel for Amblin Partners' films to reach hundreds of millions of Chinese consumers.

Daniel Zhang - Alibaba Group Holding

Chinese consumers [are] in the process of consumption upgrading, People are basically changing their lifestyle[s].

Magesvaran Suranjan

The products have to have a certain richness in perfumes [in Asia] than in the West.

Malina Ngai

The cycle of planning is really, really short, These days, no one can see for more than 10 years … We review the plan [every quarter] just to see where the customers are going and what we need to do to really get customers shopping more.

Daniel Zhang - Alibaba Group Holding

The reason we created [Single's Day] is probably for one thing, it's for survival.

Kunal Bahl

Indian e-commerce is where Chinese e-commerce was in 2007 or 2008. We are about 8 years behind but it's not going to take us 8 years to bridge the gap.

Daniel Zhang - Alibaba Group Holding

This is not purely for gaming [or] for interaction. This is also for sales, This sells tons of that product … within 30 minutes.

Kunal Bahl

Consumers in Asia want the best … They don't want emerging market service, they want developed market services but at emerging market prices.

Shelleen Shum - eMarketer

We think the impact will be larger on Baidu than on the other search engines given Baidu's larger market share and its dominance in medical service ads.

Yehuda Shmidman - Alibaba Group Holding

Alibaba tells us the trends in the Chinese consumer towards urbanization are leading to modernization and then to Westernization. Particularly the notion that people are putting money into their homes for the first time.

Jack Ma - Alibaba Group

I think globalization is a great thing ... [but it] is not perfect ... we have to improve globalization. Now this period is called the growing pain of globalization. The last 20 years, globalization was helping big companies, developed nations.

Yan Tang - Momo

With the privatization proposal from the Buyer Group behind us, we are more committed than ever to driving business growth in the interest of the Company and our shareholders.

Joe Tsai - Alibaba Group Holding

We're just killing it on mobile. We have just reported that our monetization of mobile users has exceeded the monetization of the users on PC.

Piyush Mubayi

We add BABA to the Conviction List following better than expected 1QFY17 results, an even stronger growth/margin outlook and dominance across several businesses.

Allen Zhu - GSR Ventures

When the time came to sit China's demanding university entrance exams, he was ill but did enough to get into Beijing University of Chemical Technology. He was an assistant to a chairman at a foot massage company. He thought it was not interesting, and after about a year he applied to join Alibaba as a sales person.

Joe Tsai - Alibaba Group Holding

I have tons of respect for Mr. Trump, but sitting here, I feel like China is the whipping post for the United States. What's important to see is the overall context of U.S.-China relations … We [Alibaba] are the gateway to China. So right now, if you're an American manufacturer, you're an American brand, that wants to access the China market, you should come and talk to Alibaba.

Joe Tsai - Alibaba Group Holding

I think you really need to take a step back and not think about the Chinese economy in a cyclical, quarter-to-quarter way. In any given quarter there could be ups and downs. What we're looking at is the long-term trend.

Joe Tsai - Alibaba Group Holding

We have worked hard to make it easy to understand Alibaba. We have provided you with more detailed info about our company so that you can better analyze our business.

Andre Bakhos - Janlyn Capital

We're coming off a strong session on the back of solid economic data that the markets needed to justify additional exposure to equities.

Thomas Buberl

Thanks to Alibaba's unrivaled knowledge of its home market, this partnership will also help us further accelerate our development in China, where we are already the number 1 international insurer.

Ali Mogharabi - Morningstar

We believe the shares will trade at a discount as the risk of having to pay some or all of the deferred tax liabilities of those holdings remains.

Bill Russo

The RX5 will be able suggest alternate routes in the case of road closures or traffic as well as a more personalized experience in the car.

Jessie Zheng - Alibaba Group Holding

In the face of such a complex problem we can't be complaining about each other, or criticising each other...We have to have everybody involved and work together to do it. In this battle it's you and me. It can't be you doing the work and me watching, or me doing the work and you talking. Our only choice is to join forces.

Jack Ma - Alibaba Group

We have to protect [intellectual property], we have to do everything to stop the fake products, but OEMs are making better products at a better price.

Jack Ma - Alibaba Group

You can't stop Alibaba for two hours otherwise it's going to be a disaster for China. You can stop Tencent for two days, you can stop Baidu for two weeks and everything will still be OK.

Kathleen Smith - Renaissance Capital

This is not going to help the case for the unicorns. The more you wait, the more the competitors come out.

Mark Dreyer

Suning is definitely now seen as a bit of a national champion, on par with the likes of Alibaba Group Holdings and Dalian Wanda.

R.J. Hottovy - Morningstar

We view these losses as reasonable , given that Cainiao is still in investment mode as the e-commerce market in China evolves. The loss represents a relatively small part of Alibaba's net income.

Jack Ma - Alibaba Group

Today it's easy to perish Alibaba but difficult to eliminate the counterfeits...Anti-counterfeiting is not just a course of Alibaba, but it's the course for the whole China.

Eric Gan - SoftBank

I've really enjoyed working with the Alibaba Cloud team on the joint venture over the past few months. During the business planning discussions, I quickly felt that we were all working very much as one team with one goal. I believe the JV team can develop the most advanced cloud platform for Japanese customers, as well as for multinational customers who want to use the resources we have available in Japan.

Gil Luria - Wedbush Securities

Whatever they are doing must be working, and most importantly it's a sign that the Chinese consumer may not be weakening quite yet. Alibaba represents a big part of the spend by Chinese consumers and so a re-acceleration in volumes is an indication that the Chinese consumer continues to be strong.

Eric Jing - Ant Financial Services Group

The capital raised in Series B will allow us to invest in the infrastructure, such as cloud computing and risk control, that will underpin our long-term growth in rural and international markets.

Ronald Josey - JMP Securities

Given all the challenges Yahoo has faced with the reduction of its workforce and the Alibaba spinoff plan, to come in and deliver these numbers is a very positive thing.

Duncan Clark

Southeast Asia has a lot of overlap with China in terms of consumer habits, intra-regional trade and tastes. Rocket in this case has managed to create a successful, multi-market player in a region which needs scale and breadth to be viable. This has obvious appeal to Alibaba.

Sarah Simon - Berenberg

We had always had concerns that Lazada could fall victim to intense competition from Alibaba, yet here we have an example of an internet giant buying out the smaller competitor at a substantial valuation.

Joe Tsai - Alibaba Group Holding

Growth is meaningless unless it is sustainable. Thus, we have turned our focus to quality growth and broadening domestic consumption.

Joe Tsai - Alibaba Group Holding

While GMV is a proxy for scale, our focus on quality and sustainable growth means how we measure success is no longer dependent on a simplistic view of GMV growth.

Marissa Mayer

Separating our Alibaba stake from Yahoo's operating business is essential to maximizing value for our shareholders.

Klaus Schwab - World Economic Forum

I see a lot of entrepreneurial forces coming up in China. Look at Alibaba. I feel China will use the fourth Industrial revolution in order to boost its economy.

Sam Hamadeh - Privco

It has created essentially the Google of China. It's created the Groupon of China. It's created the of China, the eBay of China and the PayPal of China. So if you can imagine one company, all in one stock, all at once, and in the fastest growing economy in the world, that's what Alibaba is. That's why this matters so much.

Sam Hamadeh - Privco

A lot of these companies need to be concerned because Alibaba intends to become a household name in the West.

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Quotes about Alibaba

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