Billionaire Ma: Alibaba Faces 'Most Dangerous Time'

Jack Ma, China's richest man, discusses the challenges Alibaba faces due to high public expectations. Despite initial skepticism, Ma's vision for Alibaba focused on serving SMEs, diverging from American business models. He emphasizes the importance of global opportunities beyond the US market.

What was one of the main challenges Alibaba faced before its IPO?

• Lack of investor interest

• High competition from Amazon

• Skepticism about its business model

• Overconfidence from the public

What distinguished Jack Ma from other entrepreneurs according to Masayoshi Son?

• His technical expertise

• His financial background

• His shining eyes and vision

• His connections in Silicon Valley

What was Jack Ma's initial focus for Alibaba?

• Developing new technology

• Expanding into European markets

• Serving small and medium enterprises

• Competing with American companies

Why does Jack Ma believe there are many opportunities around the world?

• Because many markets are untapped

• Due to the lack of competition

• Due to the decline of American companies

• Because of the large number of online shoppers

What is Jack Ma's stance on competing with American giants like eBay and Amazon?

• He wants to directly compete with them

• He believes they are not a threat

• He plans to collaborate with them

• He prefers to focus on other global markets