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"Clicks", "motors" working together key to success of internet industry: Alibaba founder

Xinhua, March 16, 2015 Adjust font size:

"Only through the way 'clicks' and 'motors' work together can the internet companies survive and live happily for the next 30 years," said China's Alibaba founder Jack Ma here on Sunday.

Ma made the remarks when delivering the keynote speech at the opening ceremony of CeBit 2015, the world's top trade fair for information and communication technology.

While the internet industry was successful, very few internet companies could survive peacefully and healthily more than 3 years after its coming into being in the past 20 years, noted Ma.

"We have to find the solution as to how we as a company can live long and healthy like Citibank and Siemens," Ma added.

Ma believed that the way "clicks" and "motors" work together was key to ensure the success of the internet industry in the next 30 years, stressing that "if that day comes, that day we would call 'd!conomy' (digital economy)."

Ma said that, from his own experience, he strongly believed it was not the technology, but the dreams behind the technology that changed the world as Ma himself used to be an English teacher from Hangzhou, China and knew little about computer and technology.

Ma also pointed out that in the future world, business will not focus on size, standardization and power, but feasibility, nimbleness, customization and user-friendliness.

In his speech Ma highlighted the importance of woman leaders, saying that "in the future, people will not only focus on the muscles, powers, but they focus on wisdom and responsibility." Endit