10-20-2005, 08:26 AM
Quote:China's best-known Internet guru is Jack Ma, the founder of Alibaba.com, an e-commerce auction site that pitches made-in-China goods to a global market.
Earlier this year, Yahoo paid $1 billion and handed over its China unit to Jack for a 40 percent stake in his company, turning Jack into a dotcom millionaire a few times over -- and Alibaba into the biggest Internet operation in China.
Ma: You have to create value for local customers. The U.S. multinational companies, they come to China, they want to buy the China market,...
full article and interview: http://www.cnn.com/2005/TECH/10/19/spark...index.html
related topic from today on Alibaba's Taobao auction site: http://community.tuliptools.com/index.ph...802.0.html