I have a lot of terrible experience made
a lot of mistakes when I was young and
child I think if you succeed every
mistakes become a legendary if you fail
that’s just a garbage you haven’t seen I
think everybody has great stories
everybody had a lot of mistakes
everybody have a lot of problems but
there are few people listen to you one
day where you become successful people
listen to you see wow you are great I’m
not that great I was born a normal
family and I’m not a good as schooling
of course I tried to study hard but as a
boy you know my school is not that good
at that time so I felt looking for jobs
looking for joining University joining
goose goose but I never give up and I
think there’s one thing I learned is
that why why you should have a chance to
be successful everybody should get used
to be get used to fail but get used to
be accepted by other people why other
people should help you
this should earn the right to be helped
so the thing I learned is that don’t
give up my opportunity has not come yet
when everybody complain that is the
opportunity
I always thought when I was young when I
was gradually in the high school or
university
I thought Bill Gates took up my job you
know Bill Gates did all the successful
things Larry arisen from Oracle’s they
they took all the wonderful
opportunities IBM benefit we people have
no opportunity and I think I aim too
high
I should aim to support and help the
people around me two tiny things I never
thought I could be today
after 18 years Alibaba become today’s
size not because I’m smart I don’t think
I’m a smart person but I have I work
with a lot of smart people and most of
smart people they always want to do
successful things quick easy things and
I think it’s not easy to be successful
quickly every time everything we do we
prepare for 10 years I know I’m not
smart if we want to be successful we
have to win 10 years later if we want to
be successful we have to work with smart
people if we want to be successful we
should make a lot of mistakes and never
give up a lot of people they make
mistake their problem they give up we
never give up we will learn from
mistakes and I think when we fill the
message the experience that I want to
give a device I want to give you you
would judge when this person will be
successful not by where he fell he
thinks is his fault on the other foot if
he thinks my feel because of the others
this guy has no chance those people who
fail always think hmm it is my fault I
cannot do the properly I should change
care exchange there these guys
opportunities so I learn a lot from
those people who fail I learn a lot from
those people who made mistakes I learn a
lot from my mistakes so this is what I
when I this is my life attitude when I
feel I say see our Phil when I succeed
say well I never know I could be
successful this make me very positive
and optimistic and because of so many
mistakes too much of failure that make
me never complain because I get used to
that we are making mistake every day
even to today we made stupid decisions
almost every day nobody knows we thought
is smart but finally proves stupid but
we learn we do again we’ll learn will do
again that’s the way that’s the live
that Alibaba was born in China but it
was created for the whole world so can
you tell us what Alibaba does now
outside of China and in particular in
Russia
Virgo very latest Oh Alibaba bills Rajan
Chiquita noses the Vasudev civil mera
motions numbers Gazette
Chandni – Alibaba vanye kutah Avast
urbanistic chest mysteriously yeah
Alibaba start from no money no
technology no people in my apartment 18
people decide that we want to using
Internet technology to help small
business that was the idea after 18
years we grow from 18 people to today
close to 60,000 people it is really not
easy but we survived today we are one of
the biggest Internet companies in the
world I think we’re lucky we made so
many mistakes but we still survive how
can you be continued to be lucky that is
the question keep on asking me I think
if you want to continue to be lucky you
have to give your luck to the others
you give luck to the others you help
others the opera’s in the future will
help you that was my our thinking in the
past ten years Alibaba was born in China
the Alibaba should not be a Chinese
company the name the day when I choose
to name Alibaba Alibaba is not a Chinese
name it’s a Arabic name and Iran’s that
is ironic name turkey says taking him I
don’t I don’t know where name but it’s
the name
Alibaba 1000 were mistakes or Alibaba
ones are the one Knights the story we
want to make this company a company that
boy in China enable the world helping
the global young company young people as
I said that every century there is a
company for the century Microsoft was
the company of last century as a great
century ibn was a company of the century
what is the company of this century too
diverse this entry and I think is we
should not think about Alibaba we should
always we make money serve Chinese we
should make the money serve the world
serve this century this only think in
that way we can do more
how company today is big but compared to
yesterday it was big but compared to
tomorrow it is still a tiny company the
world changes so fast
so this is our thinking we want to make
Alibaba be the company of the century we
want to make Alibaba the company
supporting global small medium-sized
companies we want to make this company
supporting global young people and we
want to make this company to making sure
women can have more jobs online because
people don’t care your women love men
online this is what we want to do and
we’re doing a lot outside China
Southeast Asia we are also doing a lot
in Indian we just started do more in
America and the and also Canada in
Russia we have a small business that’s
called Aliexpress maybe Aliexpress here
is very big Buy in cha in our company
probably less than 1% of a business odd
Express but our Express is not our main
purpose of doing business in Russia we
do not want to be a Russian ecommerce
company we are not ecommerce company we
help other company become ecommerce we
hope what we want to do in Russia we
want the help in Russia to build up the
logistic system Russia is so big the
little things so difficult
oh I cannot imagine I met some Russian
girls two years ago I say do you use at
Express yes I say how long about the
speed of delivery
they say it’s great I so wanted me back
any greater is 45 minutes not 45 days
now we reduce from 45 days to 15 days
but that is not enough Russia should
have a modern logistics system that be
able to deliver within 48 hours
Oh 72 hours anywhere any place Russia
where you place order online we should
get it within 72 hours and this should
be using technology this is your
opportunity young people logistics
terrible and you have the chance if it
registers good we have no chance
we should a beautiful lot at the payment
online payment online payment today in
China the mobile phone payment so
popular I went to see few weeks ago I
saw some beggars on the street you are
you back money they use zipper como by
phone because people don’t have a pocket
of money so we in a Russia we should
have built up a good payment system a
modern payment system that every young
people can receive money pay money at
the lowest cost every young people
should be able to reach financial
assistance and we should build up
Russia’s art express we should build up
a Russia
Alibaba calm this is what we want to do
I’m okay whether unexpressed some day in
Russia no business but we should have
rushing young people to develop its own
logistic on e-commerce platform I’ll put
the payment platform we would love to
join this force this is what we’ve been
doing in the past two years but come to
the Moscow University I have
I have a personal and dream in past two
years because I’m not a good at a mess
but computer size big cloud computing
the basic is by the math physics is
about computing technology Moscow
University I think you guys have the
best of physics to scientist and
mathematics so I would hope that Alibaba
we just announced two weeks ago that we
invested 15 billion u.s. dollars I’m
building up a lab to solve the problem
for future solve the problem for the
world economy and social science so we
hope that in Russia in Moscow we can
build a lab that work with the young
excellent mathematicians from Russia
young physicists scientist from Russia
we work together China Russia young
people young scientists working together
solve problem for future and I wanted
announce here our CTO of chief
technology officer is coming to Moscow
University very soon and we want a high
as many young people as possible joining
you don’t have to work in China if you
don’t like but if you love to work in
China we are very happy
you can work our office here and join
together for cloud computing big data
for the future and artificial
intelligence and machine intelligence
this is something we want to do in
Russia and this is something we want to
do together with Moscow University that
with your talents here we have
technology we have data we have
now you have talents we work together we
can do something really big in this way
we can make Alibaba the company of the
like I would like to hear your thoughts
on technology today many people are
weary of it and especially about the
impact of artificial intelligence on
jobs and society what are your thoughts
on this
Jackie abortion facility Union a shot
technology munagi is just if biot-savart
so Venus Tivoli Anya is good to know in
select an abortion mr. e options of
Salim still do meet another shot don’t
worry about the future right don’t worry
about technology let me tell you one
thing when you worry about the future
that is because you lack of confidence
you lack of imagination we don’t have I
may not have the solution for future but
there is a solution for future we don’t
have the solution for future but our
young people have a solution for future
I find in this world young people don’t
worry about the future
all the people worry for the future I
found those six today’s successful
people they worry about the future let
me tell you future is the opportunity
for everybody especially the opportunity
for young people because we have nothing
to lose right this is what I tell myself
18 years ago 18 years ago we did not
have money so again we have no money to
lose we don’t have technology we have no
technology to lose and then we say we
believe 10 20 years later
ecommerce internet will be powerful if
we start to do now when a lot of success
people successful people don’t like
technology don’t like Internet we
started doing 10 20 years later we will
be the expert
ten 20 years later we’ll be successful
so I think don’t worry about the future
prepare for the future
make your own future cloud computing Big
Data artificial intelligence they are
new to anybody you are successful new to
you you are not successful new to you so
what do you worry about second thing is
don’t worry about the things to the
other people worry about especially
don’t worry about the things president
and Prime Minister worry about worry
about things you worry about we
everybody have too many things to worry
about if you do not worry about yourself
you worry too much about the world now
today Alibaba should worry about the
world you should not worry about the
world president put things to worry
about the world you should not worry
about the world you should worry about
where you graduate how can you make a
living how can you do something that is
different how can do something that is
fun interesting and helping others by
the way don’t believe that technology is
going to take our way human beings jobs
technology is going to replace lot of
stupid jobs when the first technology
revolution come the steam machine come
people worry oh my god steam machines
gonna take up a lot of jobs after 50
years the steam machine created more
jobs where electricity comes a lot of
companies worry about losing jobs
the electricity created so many jobs
artificial intelligence they will create
more jobs
the problem is next 20-30 years may lose
great loser
job but this is shot period so we people
have to learn how we can survive in the
artificial intelligent period by the way
why human being can wing machines
machines they might be stronger than
human being they might be smart to the
human being they might be rough faster
than human being but they can never be
as wise as human beings because human
being we have belief we have a religion
we have a heart which machine does not
have so if you want to be ready for
future please do not follow yesterday’s
way of learning and teaching do not try
to memory things higher and more because
computer can remember things hard and
more than you do not try to calculate
the faster because computer can
calculate much faster than you do so try
to be creative try to be innovative try
to be constructive these are the things
everything you learn you think about is
this thing can make me more creative
they this thing can be MOT make me more
innovative this thing can be making me
more constructive as to it and also I
think when other people worry
opportunity comes make them worry
you should know nobody will and nobody can stop this technology revolution you
can stop this technology revolution you worry it comes you don’t worry it comes
worry it comes you don’t worry it comes so what’s the point of a worry
so what’s the point of a worry so I said people say Jack have you ever
so I said people say Jack have you ever cried in the past 18 years 3e business
cried in the past 18 years 3e business internet in China I don’t cry because I
internet in China I don’t cry because I know cried does not make any sense does
know cried does not make any sense does that help me
that help me if a cry can help me I will cry every
if a cry can help me I will cry every day we should not a cry we shouldn’t
day we should not a cry we shouldn’t make competitors cry so think about be
make competitors cry so think about be positive get ready for that if you
positive get ready for that if you people from Moscow University cannot
people from Moscow University cannot solve the problem if you worry the whole
solve the problem if you worry the whole world nineteen ninety nine percent of
world nineteen ninety nine percent of people have no future so don’t worry
people have no future so don’t worry about it be positive started do it and
about it be positive started do it and when people worry
when people worry open the door see what are the worry
open the door see what are the worry button and solve the problem that’s what
button and solve the problem that’s what I think and we’ll work together
you’re a great believer young people as I see and you spend so much time with
I see and you spend so much time with students and with the young country
students and with the young country premiers what advices maybe some more
premiers what advices maybe some more you can give to all of us jack
you can give to all of us jack we ocean village a melodic Tuesday but
we ocean village a melodic Tuesday but provided some non-government sister
provided some non-government sister gentleness melody me pretty much slimmer
gentleness melody me pretty much slimmer capricious a Viet of Emily Burnham dad
capricious a Viet of Emily Burnham dad yeah I love to be with young people
yeah I love to be with young people first I’m still young and second is that
first I’m still young and second is that when you marry young people you know
when you marry young people you know you’re young all the time
you’re young all the time and young people are the solutions for
and young people are the solutions for tomorrow young people are the solutions
tomorrow young people are the solutions for all the worries young people if you
for all the worries young people if you stay with them you will be full of
stay with them you will be full of energetic but the advice I give to the
energetic but the advice I give to the young people is that also the advice I
young people is that also the advice I give to myself that nothing is easy
give to myself that nothing is easy nothing is free if you want to be
nothing is free if you want to be successful you have to pay the price
successful you have to pay the price I leave up by 18 years to today’s size
I leave up by 18 years to today’s size yeah we are lucky but we work much
yeah we are lucky but we work much harder than most of the people we never
harder than most of the people we never sleep well and sound in the evening I
sleep well and sound in the evening I travel last year 867 hours a year in the
travel last year 867 hours a year in the full plane in the plane
full plane in the plane I’m working hard my team working very
I’m working hard my team working very hard 18 years we work like normal
hard 18 years we work like normal company 70 years day and night
company 70 years day and night nothing is free nothing is easy
nothing is free nothing is easy easy beings you have to think different
easy beings you have to think different you have to do different if you
you have to do different if you everybody if it John said this is right
everybody if it John said this is right you for junk why you so you have to
you for junk why you so you have to think for example early days in my
think for example early days in my company where some ideas come to my desk
company where some ideas come to my desk jack is this a great idea and I look at
jack is this a great idea and I look at everybody everybody say it is a good
everybody everybody say it is a good idea anomaly through into the rubbish
idea anomaly through into the rubbish because everybody said is good then all
because everybody said is good then all the other people think of if everybody
the other people think of if everybody say this is going to be very tough I’m
say this is going to be very tough I’m very interested in that tough crushing
very interested in that tough crushing and I’ll pick up and say how can we do
and I’ll pick up and say how can we do in a different way this is to be unique
in a different way this is to be unique to be different and the third this is my
to be different and the third this is my advice and this is also I carry myself
advice and this is also I carry myself every day today is very tough tomorrow
every day today is very tough tomorrow is more tougher the day of tomorrow is
is more tougher the day of tomorrow is beautiful but most people die two more
beautiful but most people die two more evening you have to work very hard every
evening you have to work very hard every tough days every tough situation
tough days every tough situation problems of meat that is the training of
problems of meat that is the training of yourself
when you graduated your school graduate from the school you just started your
from the school you just started your career of learning where you got a PhD
career of learning where you got a PhD diploma a bachelor diploma this is just
diploma a bachelor diploma this is just a certificate your parents pay the
a certificate your parents pay the tuition for four years
tuition for four years your real challenge is where you leave
your real challenge is where you leave the college the real life stats the real
the college the real life stats the real exams that’s the real test of stats
exams that’s the real test of stats that’s life so one thing you are lucky
that’s life so one thing you are lucky as I said if students from Moscow
as I said if students from Moscow University cannot survive 99.9 percent
University cannot survive 99.9 percent of people in the world cannot survive
of people in the world cannot survive only you have this confidence you will
only you have this confidence you will be able to face the challenge our future
Thank You Jack for all these stories for all these answers and now I will turn to
all these answers and now I will turn to the audience and you will have an
the audience and you will have an ability to and time to ask your own
ability to and time to ask your own questions and I’ll appreciate if you
questions and I’ll appreciate if you formulate them on English but if you
formulate them on English but if you have some problems we have someone who
have some problems we have someone who can repeat and we will help you so who
can repeat and we will help you so who wants to be first okay
wants to be first okay can you can you Marcel who are you your
can you can you Marcel who are you your name and bill it Law School Oh my
name and bill it Law School Oh my question is actually look at this brutal
question is actually look at this brutal rhetorical so in your time someone
rhetorical so in your time someone market is mocking in at times when
market is mocking in at times when market is more competitive than ever is
market is more competitive than ever is it hard to keep being confident on
it hard to keep being confident on yourself and your future okay so you
yourself and your future okay so you from the lore Department the question is
from the lore Department the question is in the time the market is going to be
in the time the market is going to be more competitive how can you keep the
more competitive how can you keep the confidence for the future right market
confidence for the future right market is never easy in the early day just like
is never easy in the early day just like doing business is never easy people say
doing business is never easy people say are doing business more difficult no
are doing business more difficult no never is a continuum it is more
never is a continuum it is more difficult the confidence is not the best
difficult the confidence is not the best way to do it is that find a good team
way to do it is that find a good team find the people that share the same
find the people that share the same vision same dreams work with them the
vision same dreams work with them the only thing you listen is you listen to
only thing you listen is you listen to group of people if you do your company
group of people if you do your company listen to customers if they are happy if
listen to customers if they are happy if they your customers are happy don’t
they your customers are happy don’t worry too much you still have
worry too much you still have competitive if your companies fear of
competitive if your companies fear of your customers happy listening your
your customers happy listening your colleagues your team
colleagues your team they confidence if they are confidence
they confidence if they are confidence don’t worry about it
don’t worry about it don’t listen to a divisors lawyers I’m
don’t listen to a divisors lawyers I’m sorry don’t listen to those before I
sorry don’t listen to those before I have no chance whether the market has
have no chance whether the market has chance or not custom tell you your
chance or not custom tell you your colleagues tell you so nobody is the
colleagues tell you so nobody is the expert of future most of the experts are
expert of future most of the experts are yesterday so for the future the best way
yesterday so for the future the best way you learn it there’s a you know the
you learn it there’s a you know the early days
early days Alibaba had no money no revenue nobody
Alibaba had no money no revenue nobody pay us the revenue we got all the email
pay us the revenue we got all the email of thanks from customers the customers
of thanks from customers the customers send us email Oh Alibaba is so great you
send us email Oh Alibaba is so great you helping me a lot but I don’t have money
helping me a lot but I don’t have money to pay you
to pay you fine we know one day they will pay if we
fine we know one day they will pay if we really help them so the confidence is
really help them so the confidence is from the customers confidence is from
from the customers confidence is from your team and your competitors always
your team and your competitors always try to destroy your companies if your
try to destroy your companies if your competitors spend a lot of time destroy
competitors spend a lot of time destroy your confidence or confidence that means
your confidence or confidence that means you’re good thank you
to which you promised me as Oh tomorrow that’s what the stats name yep you just
that’s what the stats name yep you just gonna meet you jack my question is going
gonna meet you jack my question is going to be a bit sophisticated well it is
to be a bit sophisticated well it is going to be regarding Russian delivery
going to be regarding Russian delivery system that you inspired us to build up
system that you inspired us to build up to build up a good one
to build up a good one better than it is now however obviously
better than it is now however obviously we do not have this financial
we do not have this financial opportunity that your company has still
opportunity that your company has still we do not have Ali Baba delivery now
we do not have Ali Baba delivery now well it is the first question second
well it is the first question second question it is obvious that as like as
question it is obvious that as like as others fees of production of goods and
others fees of production of goods and services in Russian economy is
services in Russian economy is monopolized by government corporations
monopolized by government corporations what do you think of perspectives and
what do you think of perspectives and efficiency in terms in terms of economic
efficiency in terms in terms of economic development of these current situations
development of these current situations in the current market thank you thank
in the current market thank you thank you good questions the first question is
you good questions the first question is will appeared of a logistic system but
will appeared of a logistic system but we don’t have as much money as Alibaba
we don’t have as much money as Alibaba so how can you be successful right
tell me anybody has money for beauty of a logistic system
a logistic system I don’t have money for beautiful I don’t
I don’t have money for beautiful I don’t think Alibaba has the money to build up
think Alibaba has the money to build up Russia logistic system cost billions
Russia logistic system cost billions billions billions of money nobody has
billions billions of money nobody has the money back has the money they would
the money back has the money they would not give you this is the opportunity you
not give you this is the opportunity you don’t at first
don’t at first it’s impossible to build up a
it’s impossible to build up a sophisticated at the vast logistics them
sophisticated at the vast logistics them within one year takes about 10 15 12
within one year takes about 10 15 12 years and you have to do little by
years and you have to do little by little this is the Challenger I got nine
little this is the Challenger I got nine year 2001 2002 peoples came to me see
year 2001 2002 peoples came to me see when we go for raising money people ask
when we go for raising money people ask how can you be successful no internet in
how can you be successful no internet in China enough no logistic no credit card
China enough no logistic no credit card no money no talents okay be successful
no money no talents okay be successful this question I’ve been challenged year
this question I’ve been challenged year after year because everybody has no
after year because everybody has no money that’s the opportunity for
money that’s the opportunity for entrepreneurs think creative every
entrepreneurs think creative every business start from tiny business we
business start from tiny business we when we start Alibaba we try I go to a
when we start Alibaba we try I go to a lot of I go to China Post I go to a
lot of I go to China Post I go to a Zoe’s say can you help us to deliver
Zoe’s say can you help us to deliver listen no no no no no you’re too tiny
listen no no no no no you’re too tiny too small we don’t deliver so we went to
too small we don’t deliver so we went to the age of 10 years who wants to deliver
the age of 10 years who wants to deliver from their own village on city owned
from their own village on city owned province so we’re helping them today
province so we’re helping them today we help 65 million packages a day in
we help 65 million packages a day in China we deliver them how many people
China we deliver them how many people working on that three million people
working on that three million people working on that we never do ourselves we
working on that we never do ourselves we do that a high three minute we help them
do that a high three minute we help them to get the jobs so let me tell you
15 years ago China logistic system was sold bad China Post same speed like a
sold bad China Post same speed like a Russia today
nobody believed me to work how can you work right looks China is also a big
work right looks China is also a big country the only things we have a better
country the only things we have a better more population more people but we think
more population more people but we think it’s opportunity the developer countries
it’s opportunity the developer countries that logistic cost of the economy is
that logistic cost of the economy is today 12 percent of the GDP of the older
today 12 percent of the GDP of the older cost country like China underdeveloped
cost country like China underdeveloped countries developing countries they like
countries developing countries they like six 16% today because of the internet we
six 16% today because of the internet we are able to lower down to seven and six
are able to lower down to seven and six percent this depends on you it’s your
percent this depends on you it’s your opportunity if you want to do it it’s
opportunity if you want to do it it’s young if young people want to do it you
young if young people want to do it you will be it there’s a chance don’t come
will be it there’s a chance don’t come to success with this one to convince in
to success with this one to convince in successful people it’s the most
successful people it’s the most difficult thing we’re not successful you
difficult thing we’re not successful you say I want to deliver this thing to my
say I want to deliver this thing to my city I don’t think about the whole
city I don’t think about the whole Russia just my city you will win if you
Russia just my city you will win if you you say I want to build up a whole
you say I want to build up a whole adjusted for a whole Russia you don’t
adjusted for a whole Russia you don’t have chance nobody will give you money
have chance nobody will give you money because everybody working for same
because everybody working for same cities when you connect it’s going to be
cities when you connect it’s going to be big this is my advice
big this is my advice Russia has chance you can learn a lot
Russia has chance you can learn a lot from Alibaba experience chaton
from Alibaba experience chaton [Music]
[Music] right so we our our our packages
right so we our our our packages delivered every day of our company alone
delivered every day of our company alone bigger than hold you as a package poet
bigger than hold you as a package poet country we made it happen
country we made it happen in 10 years you also can make it happen
in 10 years you also can make it happen right it’s not about money when you do
right it’s not about money when you do right way do proper if you do the right
right way do proper if you do the right direction money will come if you a lot
direction money will come if you a lot of people say if I have money I’m gonna
of people say if I have money I’m gonna do this I say you will never have money
do this I say you will never have money if you do these things you delicate you
if you do these things you delicate you really want to do it a make progress
really want to do it a make progress money welcome this is the first question
money welcome this is the first question second is about monopoly yeah Russia
second is about monopoly yeah Russia I thought Moscow very beautiful this
I thought Moscow very beautiful this time much cleaner more traffic there
time much cleaner more traffic there that but I’ve never been to a lot of
that but I’ve never been to a lot of other cities I think Russia economy
other cities I think Russia economy should be focused on more private
should be focused on more private business small business not purely will
business small business not purely will rely on the oil gasoline image big SOE
rely on the oil gasoline image big SOE state on the business big private
state on the business big private company we should have more
company we should have more entrepreneurs dynamic tiny small
entrepreneurs dynamic tiny small business and this is what we think this
business and this is what we think this is the future of business model of 21st
is the future of business model of 21st century I think if we have more small
century I think if we have more small business every small business can
business every small business can exporting well by the way I let me tell
exporting well by the way I let me tell you people say our Russian covers a very
you people say our Russian covers a very well Russia ecommerce today is a tiny
well Russia ecommerce today is a tiny infant baby less than a baby your
infant baby less than a baby your e-commerce put together less than 1% of
e-commerce put together less than 1% of the total Russian retail it’s more like
the total Russian retail it’s more like 12 years ago China
12 years ago China it’s a huge opportunity but don’t wait
it’s a huge opportunity but don’t wait for the man up and they will do it don’t
for the man up and they will do it don’t wait for the SOE don’t wait for the
wait for the SOE don’t wait for the logistic ready don’t wait for the back
logistic ready don’t wait for the back ready you should do before they are
ready you should do before they are ready if everything is ready why they
ready if everything is ready why they need you if everybody everything is
need you if everybody everything is ready
ready you have no chance because everything is
you have no chance because everything is not ready you have the chance but get
not ready you have the chance but get ready for the tough days no thank you
girl with curly hair of course of course you will be next to good
yeah first let me tell you that language is very important but you speak good
is very important but you speak good English there’s nothing you do global
English there’s nothing you do global business right motor don’t use I he made
business right motor don’t use I he made a speech here right Mazda does not speak
a speech here right Mazda does not speak English Nixon do not speak Chinese but
English Nixon do not speak Chinese but this order to guy made a global deal
this order to guy made a global deal China us you’re working together it’s
China us you’re working together it’s the vision it’s the belief that you have
the vision it’s the belief that you have that change the world but let me tell
that change the world but let me tell you other thing language is so important
you other thing language is so important they helped me a lot because of
they helped me a lot because of artificial intelligence in the future
artificial intelligence in the future you don’t people say I don’t need learn
you don’t people say I don’t need learn like English or Russian or Japanese
like English or Russian or Japanese something a chipra Kirika translator
something a chipra Kirika translator quickly no it’s not about language it’s
quickly no it’s not about language it’s about the culture where you learn the
about the culture where you learn the other language you start understand the
other language you start understand the other culture you start to appreciate
other culture you start to appreciate respect the other culture when you
respect the other culture when you appreciate respect the other culture you
appreciate respect the other culture you will be respected and appreciated by the
will be respected and appreciated by the others then you can work not together
others then you can work not together I learned my English by myself when I
I learned my English by myself when I was child I never got one day English
was child I never got one day English training class outside China but I think
training class outside China but I think I understand the Western culture much
I understand the Western culture much more better than those Chinese students
more better than those Chinese students study outside because I’m not learning
study outside because I’m not learning language I’m learning culture when you
language I’m learning culture when you respect the other culture when you
respect the other culture when you appreciate the other culture it’s easy
appreciate the other culture it’s easy to make friends if you don’t like the
to make friends if you don’t like the other culture you will never make
other culture you will never make friends if you don’t have friends how
friends if you don’t have friends how can you do business so I would say
can you do business so I would say language helped me a lot
language helped me a lot the most thing helped me is my respect
the most thing helped me is my respect for the different culture I wish I could
for the different culture I wish I could speak Russian the more I come here
speak Russian the more I come here the more I learn a lot I asked one of
the more I learn a lot I asked one of the Russian guy why you know
the Russian guy why you know rushing too tough and Chinese too gentle
rushing too tough and Chinese too gentle how can they mix together here I feel
how can they mix together here I feel very good he said Jack this country is
very good he said Jack this country is so cold we have to be tough
my CD hands off is so good weather so we’ll have to be tough yeah
we’ll have to be tough yeah so if you if you have to everything with
so if you if you have to everything with a translator no good of course sometimes
a translator no good of course sometimes you have to write but if you can’t
you have to write but if you can’t understand a language that can
understand a language that can communities e for you to communicate
communities e for you to communicate easy to understand and be understood
easy to understand and be understood thank you I hope I answer question
so let’s ask this girl which I wanted to ask and then someone next yeah please
ask and then someone next yeah please present yourself
is it yep hello my name is marina doors I’m tech entrepreneur and I’m founder of
I’m tech entrepreneur and I’m founder of hydro it is a unique nano cosmetics
hydro it is a unique nano cosmetics brand for apparel and footwear that was
brand for apparel and footwear that was developed here in Moscow State
developed here in Moscow State University
University so my question like mr. mark before you
so my question like mr. mark before you created an Alibaba all the small
created an Alibaba all the small businesses in China all the small
businesses in China all the small manufacturers they didn’t have access to
manufacturers they didn’t have access to the global market and right now
the global market and right now we have a similar problem in Russia but
we have a similar problem in Russia but with an intellectual products not with
with an intellectual products not with manufactured goods not with commodities
manufactured goods not with commodities but with innovations with inventions
but with innovations with inventions like a look at this audience like it is
like a look at this audience like it is full of scientists and inventors and we
full of scientists and inventors and we have many more who have millions of like
have many more who have millions of like talented people in Russia who are
talented people in Russia who are developing a high-quality creative and
developing a high-quality creative and innovative technologist but our local
innovative technologist but our local market is too small it cannot digest it
market is too small it cannot digest it and it’s a huge waste in this such a
and it’s a huge waste in this such a shame that all of these technologies are
shame that all of these technologies are not serving to the humanism so my
not serving to the humanism so my question is what would you advise us to
question is what would you advise us to do in order to give to Russian
do in order to give to Russian intellectual products access to the
intellectual products access to the global markets all right the question a
global markets all right the question a lot of people have great technology
lot of people have great technology inventions but they cannot do business
inventions but they cannot do business Russia is too small market and the
Russia is too small market and the outside market there’s no access so what
outside market there’s no access so what how can do it partner with the others
how can do it partner with the others partner with a company like Ali Baba
partner with a company like Ali Baba okay home so a lot of people if you are
okay home so a lot of people if you are good at invention but you mean not good
good at invention but you mean not good at marketing if you’re good at marketing
at marketing if you’re good at marketing normally you’re not a good animation so
normally you’re not a good animation so people need to work it together if you
people need to work it together if you have a great invention are you are
have a great invention are you are extremely fun and good
extremely fun and good invention and creative technology must
invention and creative technology must find good business people to partner and
find good business people to partner and finally good so like me I know little
finally good so like me I know little about technology today I’m so happy we
about technology today I’m so happy we don’t use PC the only thing I can use my
don’t use PC the only thing I can use my PC and the send receive email and the
PC and the send receive email and the brows I don’t know how to use today I’m
brows I don’t know how to use today I’m happy we all use a mobile phone I’m not
happy we all use a mobile phone I’m not a technology guy but I know if we if I
a technology guy but I know if we if I want to if we want to realize our dream
want to if we want to realize our dream we must have the technology but if I
we must have the technology but if I don’t know the technology we should
don’t know the technology we should invite the best engineers and science I
invite the best engineers and science I work with them I listen to them nobody
work with them I listen to them nobody can do anything what you should do is
can do anything what you should do is always form a team I think it is very
always form a team I think it is very difficult to make an exact company like
difficult to make an exact company like Ali Baba again you can’t make a company
Ali Baba again you can’t make a company better than Alibaba but it would be
better than Alibaba but it would be difficult to make exact business model
difficult to make exact business model our model I will not so be great but
our model I will not so be great but it’s very workable our model because of
it’s very workable our model because of 18 years especially for the first 10
18 years especially for the first 10 years nobody believed it
years nobody believed it everybody say Jack my stupid crazy to
everybody say Jack my stupid crazy to eat something that will never make money
eat something that will never make money so the smart people rich people never be
so the smart people rich people never be our competitors that gave us chance
our competitors that gave us chance so finding good partner find good team
so finding good partner find good team and always focus on the things that you
and always focus on the things that you are good at focus on the things that you
are good at focus on the things that you love and that is the core partnership I
love and that is the core partnership I asked that I give you a device for those
asked that I give you a device for those young people
young people if you 20 to 30 years old please find a
if you 20 to 30 years old please find a good boss not not necessary good company
good boss not not necessary good company learn from the boss learn how to do it
learn from the boss learn how to do it when you have 30 to 40 years old try to
when you have 30 to 40 years old try to do something yourself if you really want
do something yourself if you really want to try when you are 40 to 50 years old
to try when you are 40 to 50 years old do things that you are good at after 20
do things that you are good at after 20 years of Larry’s you should do something
years of Larry’s you should do something of good at when you are 50 to 60 years
of good at when you are 50 to 60 years old
old spend time supporting young people when
spend time supporting young people when you are sixth over 60 years old spend
you are sixth over 60 years old spend time with your grandchildren
time with your grandchildren [Music]
[Music] right that is normally a lot of people
right that is normally a lot of people like that so when you are graduate were
like that so when you are graduate were you just in the university don’t think
you just in the university don’t think about I want resign from the school and
about I want resign from the school and be another Bill Gates because Bill Gates
be another Bill Gates because Bill Gates left Harvard there’s only one Bill Gates
left Harvard there’s only one Bill Gates in the world where you graduate find a
in the world where you graduate find a company most important find a good boss
company most important find a good boss they can see you discipline you and tell
they can see you discipline you and tell you what is good and right is more
you what is good and right is more important a good company right of course
important a good company right of course a good company good boss even better and
a good company good boss even better and then continue your life it’s all about a
then continue your life it’s all about a partner chef thank you
this guy in what yes you or your friend okay oh yeah almost Percy team across
okay oh yeah almost Percy team across Paris and it will be the last question
Paris and it will be the last question sorry unfortunately our time runs out
no I’ll just repeat the question so everyone out here I catch it yes so she
everyone out here I catch it yes so she said three weeks ago
said three weeks ago Alibaba launched email in Russia and is
Alibaba launched email in Russia and is wondering what opportunities there are
wondering what opportunities there are for people in the room to contribute to
for people in the room to contribute to to alibaba’s team all team
how will you and your team develop team all here in Russia thank you very much
all here in Russia thank you very much for this question I think chimo Russia
for this question I think chimo Russia is something that we’re testing
personally my wish is that team of Russia can inspire as many young people
Russia can inspire as many young people as many interpreters as possible they
as many interpreters as possible they can do the same thing we not necessarily
can do the same thing we not necessarily want to make team Oh Russia big I hope
want to make team Oh Russia big I hope you understand I see because we don’t
you understand I see because we don’t want Alibaba one day become the largest
want Alibaba one day become the largest e-commerce company in Russia this is no
e-commerce company in Russia this is no vision on my dream this is not our dream
vision on my dream this is not our dream we want by working a team of Russia a
we want by working a team of Russia a lot of no house a lot of experience a
lot of no house a lot of experience a lot of things we’ll learn from Russia
lot of things we’ll learn from Russia market can share with people so more
market can share with people so more young people in Russia start to do
young people in Russia start to do things on ecommerce that is something
things on ecommerce that is something that really want to do so we think that
that really want to do so we think that Alibaba Express is something we want to
Alibaba Express is something we want to do a better job on Express today is
do a better job on Express today is helping Chinese products on your Asia
helping Chinese products on your Asia products to Russia the purpose is what
products to Russia the purpose is what we want is help your Russian products to
we want is help your Russian products to the world this is what we want to do so
the world this is what we want to do so we are very very happy that we adjuster
we are very very happy that we adjuster before I came here I would I was having
before I came here I would I was having a lunch with our team in Moscow we have
a lunch with our team in Moscow we have about 100 colleagues here and I sat in
about 100 colleagues here and I sat in 10 15 years we must have five thousand
10 15 years we must have five thousand people in Russia that means we need at
people in Russia that means we need at least four thousand nine hundred people
this five thousand people is not to do econ because five thousand people to
econ because five thousand people to e-commerce in Russia does not work
e-commerce in Russia does not work five thousand people can support Russia
five thousand people can support Russia SME to do e-commerce five thousand
SME to do e-commerce five thousand people can help logistic to better five
people can help logistic to better five thousand people can help payment better
thousand people can help payment better five thousand people came helping the
five thousand people came helping the SME promoted a part better
SME promoted a part better so this is our thinking so many people
so this is our thinking so many people keep on asking me Jack you know you are
keep on asking me Jack you know you are coming here conquering the occupier
coming here conquering the occupier whole Russia you’re going to take away a
whole Russia you’re going to take away a lot of our business no no no this is not
lot of our business no no no this is not our purpose we’re not amazon where
our purpose we’re not amazon where Alibaba
I think there’s nothing we’re better than Amazon we just have a different
than Amazon we just have a different business model so we want having more
business model so we want having more talents from Russia
talents from Russia joining Alibaba and we also have a lot
joining Alibaba and we also have a lot of problems or translation for
of problems or translation for Aliexpress right people say have a funny
Aliexpress right people say have a funny translations which I’m sorry I don’t
translations which I’m sorry I don’t understand but people say it’s great we
understand but people say it’s great we have a unique language capability but I
have a unique language capability but I hope that I hope more and more young
hope that I hope more and more young people in Russia getting jobs because of
people in Russia getting jobs because of e-commerce infrastructure finding jobs
e-commerce infrastructure finding jobs on the logistic but not logistic test
on the logistic but not logistic test dummy delivered logistic is smart
dummy delivered logistic is smart logistic based on data technology and
logistic based on data technology and payment so this is something about how
payment so this is something about how to join in Alibaba
to join in Alibaba I’m very happy to hear that and we have
I’m very happy to hear that and we have office here and maybe I should write MIT
office here and maybe I should write MIT you can course I am I right am I my
you can course I am I right am I my email but my contact email
you know why I think the world is getting so complicated by reading eNOS
getting so complicated by reading eNOS you write a long email which time she
you write a long email which time she dried our email and then everybody every
dried our email and then everybody every mail be efficient today mobile phone is
mail be efficient today mobile phone is much more efficient so but I leave email
much more efficient so but I leave email address of the of the contact so if you
address of the of the contact so if you are interested in working with Alibaba
are interested in working with Alibaba joining Alibaba and thinking about the
joining Alibaba and thinking about the physics to a computer or or math will be
physics to a computer or or math will be very happy and we will get email and
very happy and we will get email and contact you
cinnamon kill you why a and yo @tompa right
I work [Applause]
a lot of mistakes when I was young and
child I think if you succeed every
mistakes become a legendary if you fail
that’s just a garbage you haven’t seen I
think everybody has great stories
everybody had a lot of mistakes
everybody have a lot of problems but
there are few people listen to you one
day where you become successful people
listen to you see wow you are great I’m
not that great I was born a normal
family and I’m not a good as schooling
of course I tried to study hard but as a
boy you know my school is not that good
at that time so I felt looking for jobs
looking for joining University joining
goose goose but I never give up and I
think there’s one thing I learned is
that why why you should have a chance to
be successful everybody should get used
to be get used to fail but get used to
be accepted by other people why other
people should help you
this should earn the right to be helped
so the thing I learned is that don’t
give up my opportunity has not come yet
when everybody complain that is the
opportunity
I always thought when I was young when I
was gradually in the high school or
university
I thought Bill Gates took up my job you
know Bill Gates did all the successful
things Larry arisen from Oracle’s they
they took all the wonderful
opportunities IBM benefit we people have
no opportunity and I think I aim too
high
I should aim to support and help the
people around me two tiny things I never
thought I could be today
after 18 years Alibaba become today’s
size not because I’m smart I don’t think
I’m a smart person but I have I work
with a lot of smart people and most of
smart people they always want to do
successful things quick easy things and
I think it’s not easy to be successful
quickly every time everything we do we
prepare for 10 years I know I’m not
smart if we want to be successful we
have to win 10 years later if we want to
be successful we have to work with smart
people if we want to be successful we
should make a lot of mistakes and never
give up a lot of people they make
mistake their problem they give up we
never give up we will learn from
mistakes and I think when we fill the
message the experience that I want to
give a device I want to give you you
would judge when this person will be
successful not by where he fell he
thinks is his fault on the other foot if
he thinks my feel because of the others
this guy has no chance those people who
fail always think hmm it is my fault I
cannot do the properly I should change
care exchange there these guys
opportunities so I learn a lot from
those people who fail I learn a lot from
those people who made mistakes I learn a
lot from my mistakes so this is what I
when I this is my life attitude when I
feel I say see our Phil when I succeed
say well I never know I could be
successful this make me very positive
and optimistic and because of so many
mistakes too much of failure that make
me never complain because I get used to
that we are making mistake every day
even to today we made stupid decisions
almost every day nobody knows we thought
is smart but finally proves stupid but
we learn we do again we’ll learn will do
again that’s the way that’s the live
that Alibaba was born in China but it
was created for the whole world so can
you tell us what Alibaba does now
outside of China and in particular in
Russia
Virgo very latest Oh Alibaba bills Rajan
Chiquita noses the Vasudev civil mera
motions numbers Gazette
Chandni – Alibaba vanye kutah Avast
urbanistic chest mysteriously yeah
Alibaba start from no money no
technology no people in my apartment 18
people decide that we want to using
Internet technology to help small
business that was the idea after 18
years we grow from 18 people to today
close to 60,000 people it is really not
easy but we survived today we are one of
the biggest Internet companies in the
world I think we’re lucky we made so
many mistakes but we still survive how
can you be continued to be lucky that is
the question keep on asking me I think
if you want to continue to be lucky you
have to give your luck to the others
you give luck to the others you help
others the opera’s in the future will
help you that was my our thinking in the
past ten years Alibaba was born in China
the Alibaba should not be a Chinese
company the name the day when I choose
to name Alibaba Alibaba is not a Chinese
name it’s a Arabic name and Iran’s that
is ironic name turkey says taking him I
don’t I don’t know where name but it’s
the name
Alibaba 1000 were mistakes or Alibaba
ones are the one Knights the story we
want to make this company a company that
boy in China enable the world helping
the global young company young people as
I said that every century there is a
company for the century Microsoft was
the company of last century as a great
century ibn was a company of the century
what is the company of this century too
diverse this entry and I think is we
should not think about Alibaba we should
always we make money serve Chinese we
should make the money serve the world
serve this century this only think in
that way we can do more
how company today is big but compared to
yesterday it was big but compared to
tomorrow it is still a tiny company the
world changes so fast
so this is our thinking we want to make
Alibaba be the company of the century we
want to make Alibaba the company
supporting global small medium-sized
companies we want to make this company
supporting global young people and we
want to make this company to making sure
women can have more jobs online because
people don’t care your women love men
online this is what we want to do and
we’re doing a lot outside China
Southeast Asia we are also doing a lot
in Indian we just started do more in
America and the and also Canada in
Russia we have a small business that’s
called Aliexpress maybe Aliexpress here
is very big Buy in cha in our company
probably less than 1% of a business odd
Express but our Express is not our main
purpose of doing business in Russia we
do not want to be a Russian ecommerce
company we are not ecommerce company we
help other company become ecommerce we
hope what we want to do in Russia we
want the help in Russia to build up the
logistic system Russia is so big the
little things so difficult
oh I cannot imagine I met some Russian
girls two years ago I say do you use at
Express yes I say how long about the
speed of delivery
they say it’s great I so wanted me back
any greater is 45 minutes not 45 days
now we reduce from 45 days to 15 days
but that is not enough Russia should
have a modern logistics system that be
able to deliver within 48 hours
Oh 72 hours anywhere any place Russia
where you place order online we should
get it within 72 hours and this should
be using technology this is your
opportunity young people logistics
terrible and you have the chance if it
registers good we have no chance
we should a beautiful lot at the payment
online payment online payment today in
China the mobile phone payment so
popular I went to see few weeks ago I
saw some beggars on the street you are
you back money they use zipper como by
phone because people don’t have a pocket
of money so we in a Russia we should
have built up a good payment system a
modern payment system that every young
people can receive money pay money at
the lowest cost every young people
should be able to reach financial
assistance and we should build up
Russia’s art express we should build up
a Russia
Alibaba calm this is what we want to do
I’m okay whether unexpressed some day in
Russia no business but we should have
rushing young people to develop its own
logistic on e-commerce platform I’ll put
the payment platform we would love to
join this force this is what we’ve been
doing in the past two years but come to
the Moscow University I have
I have a personal and dream in past two
years because I’m not a good at a mess
but computer size big cloud computing
the basic is by the math physics is
about computing technology Moscow
University I think you guys have the
best of physics to scientist and
mathematics so I would hope that Alibaba
we just announced two weeks ago that we
invested 15 billion u.s. dollars I’m
building up a lab to solve the problem
for future solve the problem for the
world economy and social science so we
hope that in Russia in Moscow we can
build a lab that work with the young
excellent mathematicians from Russia
young physicists scientist from Russia
we work together China Russia young
people young scientists working together
solve problem for future and I wanted
announce here our CTO of chief
technology officer is coming to Moscow
University very soon and we want a high
as many young people as possible joining
you don’t have to work in China if you
don’t like but if you love to work in
China we are very happy
you can work our office here and join
together for cloud computing big data
for the future and artificial
intelligence and machine intelligence
this is something we want to do in
Russia and this is something we want to
do together with Moscow University that
with your talents here we have
technology we have data we have
now you have talents we work together we
can do something really big in this way
we can make Alibaba the company of the
like I would like to hear your thoughts
on technology today many people are
weary of it and especially about the
impact of artificial intelligence on
jobs and society what are your thoughts
on this
Jackie abortion facility Union a shot
technology munagi is just if biot-savart
so Venus Tivoli Anya is good to know in
select an abortion mr. e options of
Salim still do meet another shot don’t
worry about the future right don’t worry
about technology let me tell you one
thing when you worry about the future
that is because you lack of confidence
you lack of imagination we don’t have I
may not have the solution for future but
there is a solution for future we don’t
have the solution for future but our
young people have a solution for future
I find in this world young people don’t
worry about the future
all the people worry for the future I
found those six today’s successful
people they worry about the future let
me tell you future is the opportunity
for everybody especially the opportunity
for young people because we have nothing
to lose right this is what I tell myself
18 years ago 18 years ago we did not
have money so again we have no money to
lose we don’t have technology we have no
technology to lose and then we say we
believe 10 20 years later
ecommerce internet will be powerful if
we start to do now when a lot of success
people successful people don’t like
technology don’t like Internet we
started doing 10 20 years later we will
be the expert
ten 20 years later we’ll be successful
so I think don’t worry about the future
prepare for the future
make your own future cloud computing Big
Data artificial intelligence they are
new to anybody you are successful new to
you you are not successful new to you so
what do you worry about second thing is
don’t worry about the things to the
other people worry about especially
don’t worry about the things president
and Prime Minister worry about worry
about things you worry about we
everybody have too many things to worry
about if you do not worry about yourself
you worry too much about the world now
today Alibaba should worry about the
world you should not worry about the
world president put things to worry
about the world you should not worry
about the world you should worry about
where you graduate how can you make a
living how can you do something that is
different how can do something that is
fun interesting and helping others by
the way don’t believe that technology is
going to take our way human beings jobs
technology is going to replace lot of
stupid jobs when the first technology
revolution come the steam machine come
people worry oh my god steam machines
gonna take up a lot of jobs after 50
years the steam machine created more
jobs where electricity comes a lot of
companies worry about losing jobs
the electricity created so many jobs
artificial intelligence they will create
more jobs
the problem is next 20-30 years may lose
great loser
job but this is shot period so we people
have to learn how we can survive in the
artificial intelligent period by the way
why human being can wing machines
machines they might be stronger than
human being they might be smart to the
human being they might be rough faster
than human being but they can never be
as wise as human beings because human
being we have belief we have a religion
we have a heart which machine does not
have so if you want to be ready for
future please do not follow yesterday’s
way of learning and teaching do not try
to memory things higher and more because
computer can remember things hard and
more than you do not try to calculate
the faster because computer can
calculate much faster than you do so try
to be creative try to be innovative try
to be constructive these are the things
everything you learn you think about is
this thing can make me more creative
they this thing can be MOT make me more
innovative this thing can be making me
more constructive as to it and also I
think when other people worry
opportunity comes make them worry
you should know nobody will and nobody can stop this technology revolution you
can stop this technology revolution you worry it comes you don’t worry it comes
worry it comes you don’t worry it comes so what’s the point of a worry
so what’s the point of a worry so I said people say Jack have you ever
so I said people say Jack have you ever cried in the past 18 years 3e business
cried in the past 18 years 3e business internet in China I don’t cry because I
internet in China I don’t cry because I know cried does not make any sense does
know cried does not make any sense does that help me
that help me if a cry can help me I will cry every
if a cry can help me I will cry every day we should not a cry we shouldn’t
day we should not a cry we shouldn’t make competitors cry so think about be
make competitors cry so think about be positive get ready for that if you
positive get ready for that if you people from Moscow University cannot
people from Moscow University cannot solve the problem if you worry the whole
solve the problem if you worry the whole world nineteen ninety nine percent of
world nineteen ninety nine percent of people have no future so don’t worry
people have no future so don’t worry about it be positive started do it and
about it be positive started do it and when people worry
when people worry open the door see what are the worry
open the door see what are the worry button and solve the problem that’s what
button and solve the problem that’s what I think and we’ll work together
you’re a great believer young people as I see and you spend so much time with
I see and you spend so much time with students and with the young country
students and with the young country premiers what advices maybe some more
premiers what advices maybe some more you can give to all of us jack
you can give to all of us jack we ocean village a melodic Tuesday but
we ocean village a melodic Tuesday but provided some non-government sister
provided some non-government sister gentleness melody me pretty much slimmer
gentleness melody me pretty much slimmer capricious a Viet of Emily Burnham dad
capricious a Viet of Emily Burnham dad yeah I love to be with young people
yeah I love to be with young people first I’m still young and second is that
first I’m still young and second is that when you marry young people you know
when you marry young people you know you’re young all the time
you’re young all the time and young people are the solutions for
and young people are the solutions for tomorrow young people are the solutions
tomorrow young people are the solutions for all the worries young people if you
for all the worries young people if you stay with them you will be full of
stay with them you will be full of energetic but the advice I give to the
energetic but the advice I give to the young people is that also the advice I
young people is that also the advice I give to myself that nothing is easy
give to myself that nothing is easy nothing is free if you want to be
nothing is free if you want to be successful you have to pay the price
successful you have to pay the price I leave up by 18 years to today’s size
I leave up by 18 years to today’s size yeah we are lucky but we work much
yeah we are lucky but we work much harder than most of the people we never
harder than most of the people we never sleep well and sound in the evening I
sleep well and sound in the evening I travel last year 867 hours a year in the
travel last year 867 hours a year in the full plane in the plane
full plane in the plane I’m working hard my team working very
I’m working hard my team working very hard 18 years we work like normal
hard 18 years we work like normal company 70 years day and night
company 70 years day and night nothing is free nothing is easy
nothing is free nothing is easy easy beings you have to think different
easy beings you have to think different you have to do different if you
you have to do different if you everybody if it John said this is right
everybody if it John said this is right you for junk why you so you have to
you for junk why you so you have to think for example early days in my
think for example early days in my company where some ideas come to my desk
company where some ideas come to my desk jack is this a great idea and I look at
jack is this a great idea and I look at everybody everybody say it is a good
everybody everybody say it is a good idea anomaly through into the rubbish
idea anomaly through into the rubbish because everybody said is good then all
because everybody said is good then all the other people think of if everybody
the other people think of if everybody say this is going to be very tough I’m
say this is going to be very tough I’m very interested in that tough crushing
very interested in that tough crushing and I’ll pick up and say how can we do
and I’ll pick up and say how can we do in a different way this is to be unique
in a different way this is to be unique to be different and the third this is my
to be different and the third this is my advice and this is also I carry myself
advice and this is also I carry myself every day today is very tough tomorrow
every day today is very tough tomorrow is more tougher the day of tomorrow is
is more tougher the day of tomorrow is beautiful but most people die two more
beautiful but most people die two more evening you have to work very hard every
evening you have to work very hard every tough days every tough situation
tough days every tough situation problems of meat that is the training of
problems of meat that is the training of yourself
when you graduated your school graduate from the school you just started your
from the school you just started your career of learning where you got a PhD
career of learning where you got a PhD diploma a bachelor diploma this is just
diploma a bachelor diploma this is just a certificate your parents pay the
a certificate your parents pay the tuition for four years
tuition for four years your real challenge is where you leave
your real challenge is where you leave the college the real life stats the real
the college the real life stats the real exams that’s the real test of stats
exams that’s the real test of stats that’s life so one thing you are lucky
that’s life so one thing you are lucky as I said if students from Moscow
as I said if students from Moscow University cannot survive 99.9 percent
University cannot survive 99.9 percent of people in the world cannot survive
of people in the world cannot survive only you have this confidence you will
only you have this confidence you will be able to face the challenge our future
Thank You Jack for all these stories for all these answers and now I will turn to
all these answers and now I will turn to the audience and you will have an
the audience and you will have an ability to and time to ask your own
ability to and time to ask your own questions and I’ll appreciate if you
questions and I’ll appreciate if you formulate them on English but if you
formulate them on English but if you have some problems we have someone who
have some problems we have someone who can repeat and we will help you so who
can repeat and we will help you so who wants to be first okay
wants to be first okay can you can you Marcel who are you your
can you can you Marcel who are you your name and bill it Law School Oh my
name and bill it Law School Oh my question is actually look at this brutal
question is actually look at this brutal rhetorical so in your time someone
rhetorical so in your time someone market is mocking in at times when
market is mocking in at times when market is more competitive than ever is
market is more competitive than ever is it hard to keep being confident on
it hard to keep being confident on yourself and your future okay so you
yourself and your future okay so you from the lore Department the question is
from the lore Department the question is in the time the market is going to be
in the time the market is going to be more competitive how can you keep the
more competitive how can you keep the confidence for the future right market
confidence for the future right market is never easy in the early day just like
is never easy in the early day just like doing business is never easy people say
doing business is never easy people say are doing business more difficult no
are doing business more difficult no never is a continuum it is more
never is a continuum it is more difficult the confidence is not the best
difficult the confidence is not the best way to do it is that find a good team
way to do it is that find a good team find the people that share the same
find the people that share the same vision same dreams work with them the
vision same dreams work with them the only thing you listen is you listen to
only thing you listen is you listen to group of people if you do your company
group of people if you do your company listen to customers if they are happy if
listen to customers if they are happy if they your customers are happy don’t
they your customers are happy don’t worry too much you still have
worry too much you still have competitive if your companies fear of
competitive if your companies fear of your customers happy listening your
your customers happy listening your colleagues your team
colleagues your team they confidence if they are confidence
they confidence if they are confidence don’t worry about it
don’t worry about it don’t listen to a divisors lawyers I’m
don’t listen to a divisors lawyers I’m sorry don’t listen to those before I
sorry don’t listen to those before I have no chance whether the market has
have no chance whether the market has chance or not custom tell you your
chance or not custom tell you your colleagues tell you so nobody is the
colleagues tell you so nobody is the expert of future most of the experts are
expert of future most of the experts are yesterday so for the future the best way
yesterday so for the future the best way you learn it there’s a you know the
you learn it there’s a you know the early days
early days Alibaba had no money no revenue nobody
Alibaba had no money no revenue nobody pay us the revenue we got all the email
pay us the revenue we got all the email of thanks from customers the customers
of thanks from customers the customers send us email Oh Alibaba is so great you
send us email Oh Alibaba is so great you helping me a lot but I don’t have money
helping me a lot but I don’t have money to pay you
to pay you fine we know one day they will pay if we
fine we know one day they will pay if we really help them so the confidence is
really help them so the confidence is from the customers confidence is from
from the customers confidence is from your team and your competitors always
your team and your competitors always try to destroy your companies if your
try to destroy your companies if your competitors spend a lot of time destroy
competitors spend a lot of time destroy your confidence or confidence that means
your confidence or confidence that means you’re good thank you
to which you promised me as Oh tomorrow that’s what the stats name yep you just
that’s what the stats name yep you just gonna meet you jack my question is going
gonna meet you jack my question is going to be a bit sophisticated well it is
to be a bit sophisticated well it is going to be regarding Russian delivery
going to be regarding Russian delivery system that you inspired us to build up
system that you inspired us to build up to build up a good one
to build up a good one better than it is now however obviously
better than it is now however obviously we do not have this financial
we do not have this financial opportunity that your company has still
opportunity that your company has still we do not have Ali Baba delivery now
we do not have Ali Baba delivery now well it is the first question second
well it is the first question second question it is obvious that as like as
question it is obvious that as like as others fees of production of goods and
others fees of production of goods and services in Russian economy is
services in Russian economy is monopolized by government corporations
monopolized by government corporations what do you think of perspectives and
what do you think of perspectives and efficiency in terms in terms of economic
efficiency in terms in terms of economic development of these current situations
development of these current situations in the current market thank you thank
in the current market thank you thank you good questions the first question is
you good questions the first question is will appeared of a logistic system but
will appeared of a logistic system but we don’t have as much money as Alibaba
we don’t have as much money as Alibaba so how can you be successful right
tell me anybody has money for beauty of a logistic system
a logistic system I don’t have money for beautiful I don’t
I don’t have money for beautiful I don’t think Alibaba has the money to build up
think Alibaba has the money to build up Russia logistic system cost billions
Russia logistic system cost billions billions billions of money nobody has
billions billions of money nobody has the money back has the money they would
the money back has the money they would not give you this is the opportunity you
not give you this is the opportunity you don’t at first
don’t at first it’s impossible to build up a
it’s impossible to build up a sophisticated at the vast logistics them
sophisticated at the vast logistics them within one year takes about 10 15 12
within one year takes about 10 15 12 years and you have to do little by
years and you have to do little by little this is the Challenger I got nine
little this is the Challenger I got nine year 2001 2002 peoples came to me see
year 2001 2002 peoples came to me see when we go for raising money people ask
when we go for raising money people ask how can you be successful no internet in
how can you be successful no internet in China enough no logistic no credit card
China enough no logistic no credit card no money no talents okay be successful
no money no talents okay be successful this question I’ve been challenged year
this question I’ve been challenged year after year because everybody has no
after year because everybody has no money that’s the opportunity for
money that’s the opportunity for entrepreneurs think creative every
entrepreneurs think creative every business start from tiny business we
business start from tiny business we when we start Alibaba we try I go to a
when we start Alibaba we try I go to a lot of I go to China Post I go to a
lot of I go to China Post I go to a Zoe’s say can you help us to deliver
Zoe’s say can you help us to deliver listen no no no no no you’re too tiny
listen no no no no no you’re too tiny too small we don’t deliver so we went to
too small we don’t deliver so we went to the age of 10 years who wants to deliver
the age of 10 years who wants to deliver from their own village on city owned
from their own village on city owned province so we’re helping them today
province so we’re helping them today we help 65 million packages a day in
we help 65 million packages a day in China we deliver them how many people
China we deliver them how many people working on that three million people
working on that three million people working on that we never do ourselves we
working on that we never do ourselves we do that a high three minute we help them
do that a high three minute we help them to get the jobs so let me tell you
15 years ago China logistic system was sold bad China Post same speed like a
sold bad China Post same speed like a Russia today
nobody believed me to work how can you work right looks China is also a big
work right looks China is also a big country the only things we have a better
country the only things we have a better more population more people but we think
more population more people but we think it’s opportunity the developer countries
it’s opportunity the developer countries that logistic cost of the economy is
that logistic cost of the economy is today 12 percent of the GDP of the older
today 12 percent of the GDP of the older cost country like China underdeveloped
cost country like China underdeveloped countries developing countries they like
countries developing countries they like six 16% today because of the internet we
six 16% today because of the internet we are able to lower down to seven and six
are able to lower down to seven and six percent this depends on you it’s your
percent this depends on you it’s your opportunity if you want to do it it’s
opportunity if you want to do it it’s young if young people want to do it you
young if young people want to do it you will be it there’s a chance don’t come
will be it there’s a chance don’t come to success with this one to convince in
to success with this one to convince in successful people it’s the most
successful people it’s the most difficult thing we’re not successful you
difficult thing we’re not successful you say I want to deliver this thing to my
say I want to deliver this thing to my city I don’t think about the whole
city I don’t think about the whole Russia just my city you will win if you
Russia just my city you will win if you you say I want to build up a whole
you say I want to build up a whole adjusted for a whole Russia you don’t
adjusted for a whole Russia you don’t have chance nobody will give you money
have chance nobody will give you money because everybody working for same
because everybody working for same cities when you connect it’s going to be
cities when you connect it’s going to be big this is my advice
big this is my advice Russia has chance you can learn a lot
Russia has chance you can learn a lot from Alibaba experience chaton
from Alibaba experience chaton [Music]
[Music] right so we our our our packages
right so we our our our packages delivered every day of our company alone
delivered every day of our company alone bigger than hold you as a package poet
bigger than hold you as a package poet country we made it happen
country we made it happen in 10 years you also can make it happen
in 10 years you also can make it happen right it’s not about money when you do
right it’s not about money when you do right way do proper if you do the right
right way do proper if you do the right direction money will come if you a lot
direction money will come if you a lot of people say if I have money I’m gonna
of people say if I have money I’m gonna do this I say you will never have money
do this I say you will never have money if you do these things you delicate you
if you do these things you delicate you really want to do it a make progress
really want to do it a make progress money welcome this is the first question
money welcome this is the first question second is about monopoly yeah Russia
second is about monopoly yeah Russia I thought Moscow very beautiful this
I thought Moscow very beautiful this time much cleaner more traffic there
time much cleaner more traffic there that but I’ve never been to a lot of
that but I’ve never been to a lot of other cities I think Russia economy
other cities I think Russia economy should be focused on more private
should be focused on more private business small business not purely will
business small business not purely will rely on the oil gasoline image big SOE
rely on the oil gasoline image big SOE state on the business big private
state on the business big private company we should have more
company we should have more entrepreneurs dynamic tiny small
entrepreneurs dynamic tiny small business and this is what we think this
business and this is what we think this is the future of business model of 21st
is the future of business model of 21st century I think if we have more small
century I think if we have more small business every small business can
business every small business can exporting well by the way I let me tell
exporting well by the way I let me tell you people say our Russian covers a very
you people say our Russian covers a very well Russia ecommerce today is a tiny
well Russia ecommerce today is a tiny infant baby less than a baby your
infant baby less than a baby your e-commerce put together less than 1% of
e-commerce put together less than 1% of the total Russian retail it’s more like
the total Russian retail it’s more like 12 years ago China
12 years ago China it’s a huge opportunity but don’t wait
it’s a huge opportunity but don’t wait for the man up and they will do it don’t
for the man up and they will do it don’t wait for the SOE don’t wait for the
wait for the SOE don’t wait for the logistic ready don’t wait for the back
logistic ready don’t wait for the back ready you should do before they are
ready you should do before they are ready if everything is ready why they
ready if everything is ready why they need you if everybody everything is
need you if everybody everything is ready
ready you have no chance because everything is
you have no chance because everything is not ready you have the chance but get
not ready you have the chance but get ready for the tough days no thank you
girl with curly hair of course of course you will be next to good
yeah first let me tell you that language is very important but you speak good
is very important but you speak good English there’s nothing you do global
English there’s nothing you do global business right motor don’t use I he made
business right motor don’t use I he made a speech here right Mazda does not speak
a speech here right Mazda does not speak English Nixon do not speak Chinese but
English Nixon do not speak Chinese but this order to guy made a global deal
this order to guy made a global deal China us you’re working together it’s
China us you’re working together it’s the vision it’s the belief that you have
the vision it’s the belief that you have that change the world but let me tell
that change the world but let me tell you other thing language is so important
you other thing language is so important they helped me a lot because of
they helped me a lot because of artificial intelligence in the future
artificial intelligence in the future you don’t people say I don’t need learn
you don’t people say I don’t need learn like English or Russian or Japanese
like English or Russian or Japanese something a chipra Kirika translator
something a chipra Kirika translator quickly no it’s not about language it’s
quickly no it’s not about language it’s about the culture where you learn the
about the culture where you learn the other language you start understand the
other language you start understand the other culture you start to appreciate
other culture you start to appreciate respect the other culture when you
respect the other culture when you appreciate respect the other culture you
appreciate respect the other culture you will be respected and appreciated by the
will be respected and appreciated by the others then you can work not together
others then you can work not together I learned my English by myself when I
I learned my English by myself when I was child I never got one day English
was child I never got one day English training class outside China but I think
training class outside China but I think I understand the Western culture much
I understand the Western culture much more better than those Chinese students
more better than those Chinese students study outside because I’m not learning
study outside because I’m not learning language I’m learning culture when you
language I’m learning culture when you respect the other culture when you
respect the other culture when you appreciate the other culture it’s easy
appreciate the other culture it’s easy to make friends if you don’t like the
to make friends if you don’t like the other culture you will never make
other culture you will never make friends if you don’t have friends how
friends if you don’t have friends how can you do business so I would say
can you do business so I would say language helped me a lot
language helped me a lot the most thing helped me is my respect
the most thing helped me is my respect for the different culture I wish I could
for the different culture I wish I could speak Russian the more I come here
speak Russian the more I come here the more I learn a lot I asked one of
the more I learn a lot I asked one of the Russian guy why you know
the Russian guy why you know rushing too tough and Chinese too gentle
rushing too tough and Chinese too gentle how can they mix together here I feel
how can they mix together here I feel very good he said Jack this country is
very good he said Jack this country is so cold we have to be tough
my CD hands off is so good weather so we’ll have to be tough yeah
we’ll have to be tough yeah so if you if you have to everything with
so if you if you have to everything with a translator no good of course sometimes
a translator no good of course sometimes you have to write but if you can’t
you have to write but if you can’t understand a language that can
understand a language that can communities e for you to communicate
communities e for you to communicate easy to understand and be understood
easy to understand and be understood thank you I hope I answer question
so let’s ask this girl which I wanted to ask and then someone next yeah please
ask and then someone next yeah please present yourself
is it yep hello my name is marina doors I’m tech entrepreneur and I’m founder of
I’m tech entrepreneur and I’m founder of hydro it is a unique nano cosmetics
hydro it is a unique nano cosmetics brand for apparel and footwear that was
brand for apparel and footwear that was developed here in Moscow State
developed here in Moscow State University
University so my question like mr. mark before you
so my question like mr. mark before you created an Alibaba all the small
created an Alibaba all the small businesses in China all the small
businesses in China all the small manufacturers they didn’t have access to
manufacturers they didn’t have access to the global market and right now
the global market and right now we have a similar problem in Russia but
we have a similar problem in Russia but with an intellectual products not with
with an intellectual products not with manufactured goods not with commodities
manufactured goods not with commodities but with innovations with inventions
but with innovations with inventions like a look at this audience like it is
like a look at this audience like it is full of scientists and inventors and we
full of scientists and inventors and we have many more who have millions of like
have many more who have millions of like talented people in Russia who are
talented people in Russia who are developing a high-quality creative and
developing a high-quality creative and innovative technologist but our local
innovative technologist but our local market is too small it cannot digest it
market is too small it cannot digest it and it’s a huge waste in this such a
and it’s a huge waste in this such a shame that all of these technologies are
shame that all of these technologies are not serving to the humanism so my
not serving to the humanism so my question is what would you advise us to
question is what would you advise us to do in order to give to Russian
do in order to give to Russian intellectual products access to the
intellectual products access to the global markets all right the question a
global markets all right the question a lot of people have great technology
lot of people have great technology inventions but they cannot do business
inventions but they cannot do business Russia is too small market and the
Russia is too small market and the outside market there’s no access so what
outside market there’s no access so what how can do it partner with the others
how can do it partner with the others partner with a company like Ali Baba
partner with a company like Ali Baba okay home so a lot of people if you are
okay home so a lot of people if you are good at invention but you mean not good
good at invention but you mean not good at marketing if you’re good at marketing
at marketing if you’re good at marketing normally you’re not a good animation so
normally you’re not a good animation so people need to work it together if you
people need to work it together if you have a great invention are you are
have a great invention are you are extremely fun and good
extremely fun and good invention and creative technology must
invention and creative technology must find good business people to partner and
find good business people to partner and finally good so like me I know little
finally good so like me I know little about technology today I’m so happy we
about technology today I’m so happy we don’t use PC the only thing I can use my
don’t use PC the only thing I can use my PC and the send receive email and the
PC and the send receive email and the brows I don’t know how to use today I’m
brows I don’t know how to use today I’m happy we all use a mobile phone I’m not
happy we all use a mobile phone I’m not a technology guy but I know if we if I
a technology guy but I know if we if I want to if we want to realize our dream
want to if we want to realize our dream we must have the technology but if I
we must have the technology but if I don’t know the technology we should
don’t know the technology we should invite the best engineers and science I
invite the best engineers and science I work with them I listen to them nobody
work with them I listen to them nobody can do anything what you should do is
can do anything what you should do is always form a team I think it is very
always form a team I think it is very difficult to make an exact company like
difficult to make an exact company like Ali Baba again you can’t make a company
Ali Baba again you can’t make a company better than Alibaba but it would be
better than Alibaba but it would be difficult to make exact business model
difficult to make exact business model our model I will not so be great but
our model I will not so be great but it’s very workable our model because of
it’s very workable our model because of 18 years especially for the first 10
18 years especially for the first 10 years nobody believed it
years nobody believed it everybody say Jack my stupid crazy to
everybody say Jack my stupid crazy to eat something that will never make money
eat something that will never make money so the smart people rich people never be
so the smart people rich people never be our competitors that gave us chance
our competitors that gave us chance so finding good partner find good team
so finding good partner find good team and always focus on the things that you
and always focus on the things that you are good at focus on the things that you
are good at focus on the things that you love and that is the core partnership I
love and that is the core partnership I asked that I give you a device for those
asked that I give you a device for those young people
young people if you 20 to 30 years old please find a
if you 20 to 30 years old please find a good boss not not necessary good company
good boss not not necessary good company learn from the boss learn how to do it
learn from the boss learn how to do it when you have 30 to 40 years old try to
when you have 30 to 40 years old try to do something yourself if you really want
do something yourself if you really want to try when you are 40 to 50 years old
to try when you are 40 to 50 years old do things that you are good at after 20
do things that you are good at after 20 years of Larry’s you should do something
years of Larry’s you should do something of good at when you are 50 to 60 years
of good at when you are 50 to 60 years old
old spend time supporting young people when
spend time supporting young people when you are sixth over 60 years old spend
you are sixth over 60 years old spend time with your grandchildren
time with your grandchildren [Music]
[Music] right that is normally a lot of people
right that is normally a lot of people like that so when you are graduate were
like that so when you are graduate were you just in the university don’t think
you just in the university don’t think about I want resign from the school and
about I want resign from the school and be another Bill Gates because Bill Gates
be another Bill Gates because Bill Gates left Harvard there’s only one Bill Gates
left Harvard there’s only one Bill Gates in the world where you graduate find a
in the world where you graduate find a company most important find a good boss
company most important find a good boss they can see you discipline you and tell
they can see you discipline you and tell you what is good and right is more
you what is good and right is more important a good company right of course
important a good company right of course a good company good boss even better and
a good company good boss even better and then continue your life it’s all about a
then continue your life it’s all about a partner chef thank you
this guy in what yes you or your friend okay oh yeah almost Percy team across
okay oh yeah almost Percy team across Paris and it will be the last question
Paris and it will be the last question sorry unfortunately our time runs out
no I’ll just repeat the question so everyone out here I catch it yes so she
everyone out here I catch it yes so she said three weeks ago
said three weeks ago Alibaba launched email in Russia and is
Alibaba launched email in Russia and is wondering what opportunities there are
wondering what opportunities there are for people in the room to contribute to
for people in the room to contribute to to alibaba’s team all team
how will you and your team develop team all here in Russia thank you very much
all here in Russia thank you very much for this question I think chimo Russia
for this question I think chimo Russia is something that we’re testing
personally my wish is that team of Russia can inspire as many young people
Russia can inspire as many young people as many interpreters as possible they
as many interpreters as possible they can do the same thing we not necessarily
can do the same thing we not necessarily want to make team Oh Russia big I hope
want to make team Oh Russia big I hope you understand I see because we don’t
you understand I see because we don’t want Alibaba one day become the largest
want Alibaba one day become the largest e-commerce company in Russia this is no
e-commerce company in Russia this is no vision on my dream this is not our dream
vision on my dream this is not our dream we want by working a team of Russia a
we want by working a team of Russia a lot of no house a lot of experience a
lot of no house a lot of experience a lot of things we’ll learn from Russia
lot of things we’ll learn from Russia market can share with people so more
market can share with people so more young people in Russia start to do
young people in Russia start to do things on ecommerce that is something
things on ecommerce that is something that really want to do so we think that
that really want to do so we think that Alibaba Express is something we want to
Alibaba Express is something we want to do a better job on Express today is
do a better job on Express today is helping Chinese products on your Asia
helping Chinese products on your Asia products to Russia the purpose is what
products to Russia the purpose is what we want is help your Russian products to
we want is help your Russian products to the world this is what we want to do so
the world this is what we want to do so we are very very happy that we adjuster
we are very very happy that we adjuster before I came here I would I was having
before I came here I would I was having a lunch with our team in Moscow we have
a lunch with our team in Moscow we have about 100 colleagues here and I sat in
about 100 colleagues here and I sat in 10 15 years we must have five thousand
10 15 years we must have five thousand people in Russia that means we need at
people in Russia that means we need at least four thousand nine hundred people
this five thousand people is not to do econ because five thousand people to
econ because five thousand people to e-commerce in Russia does not work
e-commerce in Russia does not work five thousand people can support Russia
five thousand people can support Russia SME to do e-commerce five thousand
SME to do e-commerce five thousand people can help logistic to better five
people can help logistic to better five thousand people can help payment better
thousand people can help payment better five thousand people came helping the
five thousand people came helping the SME promoted a part better
SME promoted a part better so this is our thinking so many people
so this is our thinking so many people keep on asking me Jack you know you are
keep on asking me Jack you know you are coming here conquering the occupier
coming here conquering the occupier whole Russia you’re going to take away a
whole Russia you’re going to take away a lot of our business no no no this is not
lot of our business no no no this is not our purpose we’re not amazon where
our purpose we’re not amazon where Alibaba
I think there’s nothing we’re better than Amazon we just have a different
than Amazon we just have a different business model so we want having more
business model so we want having more talents from Russia
talents from Russia joining Alibaba and we also have a lot
joining Alibaba and we also have a lot of problems or translation for
of problems or translation for Aliexpress right people say have a funny
Aliexpress right people say have a funny translations which I’m sorry I don’t
translations which I’m sorry I don’t understand but people say it’s great we
understand but people say it’s great we have a unique language capability but I
have a unique language capability but I hope that I hope more and more young
hope that I hope more and more young people in Russia getting jobs because of
people in Russia getting jobs because of e-commerce infrastructure finding jobs
e-commerce infrastructure finding jobs on the logistic but not logistic test
on the logistic but not logistic test dummy delivered logistic is smart
dummy delivered logistic is smart logistic based on data technology and
logistic based on data technology and payment so this is something about how
payment so this is something about how to join in Alibaba
to join in Alibaba I’m very happy to hear that and we have
I’m very happy to hear that and we have office here and maybe I should write MIT
office here and maybe I should write MIT you can course I am I right am I my
you can course I am I right am I my email but my contact email
you know why I think the world is getting so complicated by reading eNOS
getting so complicated by reading eNOS you write a long email which time she
you write a long email which time she dried our email and then everybody every
dried our email and then everybody every mail be efficient today mobile phone is
mail be efficient today mobile phone is much more efficient so but I leave email
much more efficient so but I leave email address of the of the contact so if you
address of the of the contact so if you are interested in working with Alibaba
are interested in working with Alibaba joining Alibaba and thinking about the
joining Alibaba and thinking about the physics to a computer or or math will be
physics to a computer or or math will be very happy and we will get email and
very happy and we will get email and contact you
cinnamon kill you why a and yo @tompa right
I work [Applause]
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