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The author:(作者)aaa
published in(发表于) 2014/9/8 11:51:53
Jack Ma， the Xinhua News Agency read open letter： watch his future spoilers Ali，

Jack Ma, the Xinhua News Agency read open letter: see his future spoilers Ali-Ali Baba, Ali listed-IT news
Jack Ma, the Xinhua News Agency read open letter: watch his spoiler Ali's future

Judging from Ma's letter to shareholders, he spoiled Alibaba's future.

Dear investor:

When you open the Alibaba IPO Prospectus, you might consider investing in us participation in the future development of our journey. In this short letter I wish I could share with you some of our beliefs and perceptions about the future so that you make the final choice.

" Reading " the others are cliches, suggestive of that paragraph at the beginning of the word is "the future." If the entrepreneur reality and futuristic, MA is founder of the Futurist, Ma said, entrepreneurs should consider ten or 20 years from now. Ali Baba claims to want to do for 102 years, there were 87, Jack Ma, should say this letter is to give Alibaba later performance set the tone: on advanced enterprise strategy for investors to earn money. Back still bothered to mention the future.

Our mission and vision

Alibaba is a truly believe in and practice of mission-driven company. For 15 years, our stubborn commitment to "leave nothing hanging business" this mission, to help SMEs solve their survival, growth and development issues, we along with tens of thousands of small businesses rely on ideal, through hard work, market myself better. We will, as always, work together with our customers in the future, to become a live 102 years, companies that spans three centuries.

Different from other high-tech companies, we are not a developing technology border companies, but through continuous technological progress and ever-expanding commercial borders enterprise. Us does not depend on the technological innovation, or some magic founder created the company, but one that consists of thousands of faith in the future, believes the Internet could make business more socially fair, more open, more transparent, more participants should be free to share, jointly invested a lot of time, energy and enthusiasm to build an ecosystem--as you can see.

" Interpreting " Alibaba looks to emerge in the future, that's four words "ecosystems". This letter refers to the 24 ecosystem, Jack Ma, should think and think about it, so he had no past successes to Alibaba technology, also apparently does not intend to put all your future bets in technology, so he must have to say about their own "is not a development technology border companies." And he has no credit for his success, founder of God within the future doesn't just depend on Alibaba, MA to go is the "mass line", this is the best game on the Internet.

But I think the "not an extension boundary of firm" is actually a ploy because Alibaba's partner, one-fourth is "technical ape".

Many years ago, our company's founder is eager to set up a company that was founded by the Chinese, but belongs to the world, companies belonging to this age. The past more than 10 years, we've been to China because we have changed our sense of achievement as measured in the future, we will use the world because of what positive changes have taken place to judge whether we are truly successful. It's going to be a huge challenge, but it is a rare blessing. This requires that each day we do the best, but what is more important is, we need to stick to long-term investment planning and flawless execution.

" Interpret " this outpouring of Alibaba's next international strategy. "We will in the future because of what has happened to the world a sense of achievement", meaning obviously, MA listed in New York is not as simple as financing, but has begun to integrate the international market! What does it mean, is to use American money (finance), United States of mind (in the United States has dug up a lot of people), pioneering United States and global markets. Taobao to relatively simple understanding is open to the whole world, logistics and payment instance for which you want to pave the other that would not know.

Our ecosystem-based business model

Alibaba determines the Mission of companies does not become a business empire. We firmly believe that only by creating an open, cooperative, prosperous commercial ecosystem, ecosystem members have the ability to participate fully, so that we can really help our clients, that is, small businesses and consumers. As part of this ecosystem of operators and service providers, we put all our effort, time and energy to protect and promote the development of the eco-system and its participants more. We are the only way to succeed is to make our customers, our partners successful.

We have been convinced that enterprises must solve social problems in 21st century mission. Development of Alibaba group implanted gene for social responsibility from the very beginning. We believe a healthy thriving ecosystems are the Foundation of our business model, which will require adoption of sustainable solutions to social problems and social responsibility is to be achieved.

The Internet has given us a "thousand year" opportunities, so that we can build a whole new business ecosystem in China. However, this transformative work is not easy, and it demands that we must be consistent, interdisciplinary collaboration, and always focused on building on the long-term interests of our ecosystems and ecosystem participants; it requires the greatest degree of fairness, transparency and efficiency of the ecosystem. This is not only our moral obligation, are the basis for our own survival and development. This complex ecosystem of the doomed will not render a simple business model. Also, because our complex systems, and was easily imitated by competitors is not easy.

If you have purchased our stock, you will be part of our ecosystem. To protect your interests at the same time, we would have wanted and ask you to join us in trying to ensure more sustainable healthy development of an ecosystem.

" Reading " this is Ma first time systems discussed the concept of ecosystems. The ecosystem should be inspired by Planet Google strategies, ideas are included, is breaking away from the traditional enterprise's self-imposed, this closed system ventures into eco-system is an open system. Open than closed dynamic and open than closed high risk resistance capacity. If the company closed up, is that sellers, buyers and platform. But if you open at a time, as long as winners with Alibaba, and truly proud, and girl, the express industry, online trainer, Balla Balla, too many, hundreds, these unheard of industry, is indeed a you have me, I in your ecosystem.

Jack Ma, Alibaba what future money here-is the end of Wall Street's business model had a fleeting. Is not a simple promotion expenses make money (Alibaba now most of the income), instead of cultivating soil, makes a variety of crops to grow naturally, let a piece of land will prosper, this extension still preserve cohesive family ties and Alibaba, the owner of the land naturally won. See here, why do I have a feeling that is Ma see the nirvana of the runaway book.

Behind this letter will say on the eco-system is the key point, is that ecosystems are not planned, but a natural evolution. Deeply reflects the MA to the world, views on the future of Alibaba. Contact Ma used to say "embrace change", in fact, is not built to last business, enterprises should fail, the most important thing is to be able to quick, this change is the evolution of ecological systems.

How will we face the challenge

Over the past 15 years, we go is not easy in the midst of controversies and challenges in, go today. Despite skating on thin ice, we often found it necessary to face complicated situations, balance and coordination of the interests of all parties, and make hard choices: the interests of buyers and sellers, the competition among sellers, entrepreneurship and the relationship between regulators and the relationship between innovation and conservative, and so forth. Behind any great innovation and progress will have competition with vested interest groups and conservative, there was support for opposition.

In addition, many of the shortcomings in the real business world will also appear in our ecological, fake, intellectual property rights, as well as those trying to take advantage of our eco-system to gain unfair benefits. As with all of today's companies, we must resolve these thorny issues, because even if it is based on the Internet eco-system unable to not subject to traditional economic issues affecting our ecosystem and its participants can not be separated from the real world. Dealing with these problems is not easy, because there has never been a perfect solution and answer. Meanwhile, the ecosystem is not planned out, but a natural evolution, therefore, Alibaba's development must follow real network environment is rapidly changing.

We in the United States to become a public company, all previous controversial challenges not only will not be reduced, and may add more challenging. When an ancient civilization in large Internet companies into a global vision, its culture, values, laws, and even geopolitical factors, such as a collision, can lead to many complications. In addition, I was full of controversy, the founder of around I won't lack many troubling topics and arguments ... We hope that those issues have been constructive, and can contribute to the discussion of globalization of new ideas.

" Interpreting " it obviously belongs to the risk warning. Focusing on the enterprise of the future what are the biggest risks, an uncertain future is not, but the innovations and traditional fighting game; focus on international perspectives of private enterprises in China what is the biggest risk, not an international market challenges, but relations between big powers and the clash of civilizations between East and West. These beats the game wrapped in controversy will never subside. Here he also spent some time from the black: I was a controversial person.

Challenge is not our style of doing things, of course. If you are a shareholder, you must also be increased because of our confusion. However, I clearly told everybody here: no matter what happens, we will stubbornly insist on our ideals, yourself, stick with future, adhere to the principles of honesty and transparent corporate governance. We will be steadfast in defence of Alibaba's ecosystem and health benefits in the long run. Your trust and support is going to be our biggest asset, does not live up to the trust is our credo.

" Interpretation " in addition to eco-systems, high-frequency word "persistence". Alibaba to be 102 years, there were 87, listed just transit points, is not the end, just relying on the onset of puberty for Alibaba, the NYSE listed road of internationalization of flowers and thorns, but where the enemy cannot know in the future, did not insist, unable to make a century enterprise.

We solve the problem of priority

I have pointed out on many occasions, Alibaba, believed in the "customer first, employees second and shareholders third" management idea. Many investors had first heard the idea may be hard to understand.

I'm here to show you: Alibaba only adhere to the "customer first", and create lasting value for our customers can create value for shareholders. In the new economic era, so that customer satisfaction is the most important factor of our employees didn't diligence, happiness, passion, dedication and ability of talented employees, create value for the customer is an empty word. Not satisfied with the staff could not have satisfied customers without satisfied customers can't be satisfied shareholders.

We very much respect and gratitude investors expressed support for us with their own money, investors hoping to we not only obtain financial rewards, and more to share with us perfect the social sense of accomplishment. In 15 years time, our investors include Softbank (Soft Bank), Yahoo (Yahoo) .... Any long-term investors have been richly rewarded, and was involved in Baba, community employment, encourage innovation, promote fair competition and promote the process of social transformation of economic growth pattern.

I would also stress that companies not based on our short-term fluctuations in income and profits and make a decision. Our strategic decision to completely implement mission-driven long-term development planning. All talent, capital, technology and resources of Alibaba, the application will be used to safeguard the long-term health of ecosystems. We crave is a long-term rather than short-term stock speculation by investors.

" Read " Dong expressed, this is to protect the interests of investors. Wall Street investors to turn a corner at understanding, but in the end is the same. MA will focus on the expression of Alibaba and has numerous appearances in front of Wall Street investors the difference of Chinese Internet stocks, or the difference between short-term and long-term investment of arbitrage. China-related shares after Wall Street crazy for a while, and later dropped this name carry cash in the United States. Ma said "the desire for long-term investors", on the one hand shows his Alibaba live evergreen tree on the NYSE's long term ambitions, also was a big spoiler: "listen to me, long term, you will make money Oh".

As for how to make money, MA obviously suggest you to a major shareholder of Yahoo. In 2005, Yahoo 40% stake in Alibaba for $ 1 billion investment to get the latter, by 2012, Yahoo sold stakes in Alibaba holdings 20% will earn revenues of 7.1 billion dollars, while Yahoo holds the remaining stake, valued at nearly $ 30 billion, the investment has become one of the world's highest return on investment case.

Our governance mechanism

In order to ensure the long-term and healthy development, to ensure that customers, employees, investors and the long-term interests of each participant, Ali Baba, any decision should be based on the principle of consensus, collaboration and accountability, Alibaba partnership is the embodiment of this idea. We believe that this interdisciplinary cooperation mechanism to promote managers to remove bureaucracy and hierarchy, team collaboration, so as to better promote the company's business.

To run a company this large and complex ecological systems must not rely on one or two founders or management team, regardless of how they have the ability, we must rely on a mechanism and selection of more people who Excel in their respective fields and have shared values. Partners protecting the interests of not a partner, but to use a system to ensure our mission, values, vision and culture. We recruit new partners, to balance the stick to core beliefs and openness and ensure that our eco-system and operational mechanism of evolving over time, and the scale of development.

In order to build a healthy and sustainable growth of the business ecosystem, our articles of incorporation authorize Alibaba partners in the strategic direction of the company and culture has a strong voice. We use a long thought and practice, strong sense of responsibility, to establish and improve the framework, our choice of partner exception cautiously. I hope you will read in the prospectus on Alibaba partnership description to learn more about our corporate governance structure is unique and its constructive thinking behind us about management

" Read " explaining the partner system. Partnerships-United States market is acceptable, what does Google have used AB unit, is to keep the capital beat the game. Alibaba partners system more about their innovative, core is to allow large shareholders of the investors is not at liberty to use weights to interfere with the business of the shares, must know that Alibaba's major shareholder is United States Yahoo, a Japan SOFTBANK!

Dear investor, after Alibaba, in our annual report will have such a letter written by our partners take turns and we communicate report.

Once again, thank you for considering to invest in the company's development. Me and my partner, colleagues can assure you we will wholeheartedly good service company ecosystem.

"Reading" under the meaning of this paragraph is not Ma wrote a letter.

Ma

Executive Chairman of Alibaba group

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