Alibaba GMV in 2020 will exceed 6 trillion yuan

"In 2020, we will achieve 6 trillion yuan (US $1 trillion) of the transaction amount. Last year our GMV, if in accordance with GDP, the equivalent of China's sixth major provinces, if lucky, we may be in 4 years will become China's largest province, more than Guangdong. E-commerce should become the fifth largest virtual economic entity, in addition to the United States, China, Japan, germany." MA in the morning of June 14, Alibaba's investor day conference against the presence of more than 200 global investors and analysts issued by the rhetoric.

Ma Yun said, compared with investors to deal with, he is more like and good at dealing with entrepreneurs.

In Ma this translation into Chinese has more than 4000 words in English speech, some are commonplace, while others are in public for the first time to confide.

We all know that the recent Alibaba has suffered the doubts and growing pains. Softbank Corp recently sold Alibaba worth $10 billion shares to allow the Alibaba's stock has experienced a concussion. Concerns about the outlook for Alibaba appear to be more than ever.

Ma Yun told investors in today's investor conference that he would like to have 10 years of business development every year, not just in front of him.

On how to make Alibaba do 102 years -- the topic of the old-fashioned, Ma also to investors and analysts describes the Alibaba logic:

"Taobao, Tmall, Alipay, we do not do for today's business, any Internet mode may not be prosperous for three years, but in the Alibaba, our business has been formed matrix, turns into battle. Ali let's each business sector turns three years of prosperity (and a business will come back to continue to prosper) --- this is a circle, so that the continued prosperity of the overall prosperity of the company. Ali cloud should be harvested in 2019, the rookie should be in 2023, because these are the seeds we planted 10 years ago."

We can often see Ma with presidents, prime ministers, dignitaries meeting reports. Ma Yun explains:

"I visited the world not to shake hands with the president, but to prepare for the cause of 5 years later. We are very serious about our commitment. Many companies are doing business today, and we are doing business in the next 10 to 5 years." He revealed that in the past month, he has 26 days on the road.

GMV: investors want, Ali gave, in 2020 reached 6 trillion GMV

Ma Yun for the Alibaba's business model was defended: GMV never should be the standard electricity suppliers, because investors want, we gave, the results will become the standard. We have always known that GMV is not a core indicator, and the infrastructure is the core of the business. If you need a healthy business infrastructure, electricity suppliers, logistics, finance, data computing, cross-border five elements indispensable. Now many governments are looking for us, and we hope to get help from this."

MA in the heart, the Alibaba is a data company, rather than GMV, rather than the retail companies. However, despite this, Ma and Alibaba executives have stressed on many occasions the results achieved by the 3 trillion GMV. Also, Ma hopes to double this figure in 2020, that is, to reach 6 trillion yuan. So, how many people feel his self contradictory.

"In 2020, we will achieve 6 trillion yuan (US $1 trillion) of the transaction amount. Last year our GMV, if in accordance with GDP, the equivalent of China's sixth major provinces, if lucky, we may be in 4 years will become China's largest province, more than Guangdong. E-commerce should become the fifth largest virtual economic entity, in addition to the United States, China, Japan, germany." MA in the morning of June 14, Alibaba's investor day conference against the presence of more than 200 global investors and analysts issued by the rhetoric.

Ma Yun said, compared with investors to deal with, he is more like and good at dealing with entrepreneurs.

In Ma this translation into Chinese has more than 4000 words in English speech, some are commonplace, while others are in public for the first time to confide.

We all know that the recent Alibaba has suffered the doubts and growing pains. Softbank Corp recently sold Alibaba worth $10 billion shares to allow the Alibaba's stock has experienced a concussion. Concerns about the outlook for Alibaba appear to be more than ever.

Ma Yun told investors in today's investor conference that he would like to have 10 years of business development every year, not just in front of him.

On how to make Alibaba do 102 years -- the topic of the old-fashioned, Ma also to investors and analysts describes the Alibaba logic:

"Taobao, Tmall, Alipay, we do not do for today's business, any Internet mode may not be prosperous for three years, but in the Alibaba, our business has been formed matrix, turns into battle. Ali let's each business sector turns three years of prosperity (and a business will come back to continue to prosper) --- this is a circle, so that the continued prosperity of the overall prosperity of the company. Ali cloud should be harvested in 2019, the rookie should be in 2023, because these are the seeds we planted 10 years ago."

We can often see Ma with presidents, prime ministers, dignitaries meeting reports. Ma Yun explains:

"I visited the world not to shake hands with the president, but to prepare for the cause of 5 years later. We are very serious about our commitment. Many companies are doing business today, and we are doing business in the next 10 to 5 years." He revealed that in the past month, he has 26 days on the road.

GMV: investors want, Ali gave, in 2020 reached 6 trillion GMV

Ma Yun for the Alibaba's business model was defended: GMV never should be the standard electricity suppliers, because investors want, we gave, the results will become the standard. We have always known that GMV is not a core indicator, and the infrastructure is the core of the business. If you need a healthy business infrastructure, electricity suppliers, logistics, finance, data computing, cross-border five elements indispensable. Now many governments are looking for us, and we hope to get help from this."

MA in the heart, the Alibaba is a data company, rather than GMV, rather than the retail companies. However, despite this, Ma and Alibaba executives have stressed on many occasions the results achieved by the 3 trillion GMV. Also, Ma hopes to double this figure in 2020, that is, to reach 6 trillion yuan. So, how many people feel his self contradictory.