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Alibaba Group Holdings Ltd (BABA), Amazon.com, Inc. (AMZN): Jack Ma is Open to A JV with Amazon

In an interview with Emily Chang live from the floor of the NYSE, Alibaba Group Holdings Ltd (NYSE:BABA) CEO Jack Ma said he is open to a joint venture with Amazon.com, Inc. (NASDAQ:AMZN), “I would be interested in talking because as always anything, anybody that involving helping small business we will feel excited. ” Alibaba Group Holdings Ltd (NYSE:BABA)’s Ma also told the Bloomberg Television anchor that he has heard from Marissa Meyer and that he has a big surprise in store.

Alibaba Group Holdings Ltd (NYSE:BABA)

Here are a few other excerpts from the interview:

On whether he plans to buy Yahoo!:
“I don’t know if they would sell [Laughter]. No. I think the very important thing is that we want to build up a company, not the buying company. We want to make sure that our ecosystem helps the small guys. Anything that can help the small business grow we will consider.”

On whether he has spoken to Marissa Mayer:
“I – we talked about a couple of months ago. And yesterday she sent a nice email to me so congratulating anything, yes.”

On whether Alibaba Group Holdings Ltd (NYSE:BABA) is open to a joint venture with Amazon.com, Inc. (NASDAQ:AMZN):
“I would be interested in talking because as always anything, anybody that involving helping small business we will feel excited. “

On business ideas he has said no to:
“I’m saying no to a lot of ideas because as a CEO I have to say no to opportunities because if I say yes I probably get and 5,000 opportunities every day. But whether yes or no, everything based on the mission that we are helping doing business easier. If it’s on that we’ll consider. If oh and somebody come and say can you – we will have the list you, we’ll make a lot of money, I’m not interested.”

On whether he is ‘really’ the CEO of Alibaba Group Holdings Ltd (NYSE:BABA):
“No. I’m the chairman. I focus my time on training, developing people. I focus my time on government relationship with all the nations that helping small business. I focus my time in global expansion. That’s all strategic thinking. I don’t do any this kind of operation work.”

Related Alibaba Group Holdings Ltd (NYSE:BABA) Articles:

1. What to Expect Today From the World’s Largest IPO?

2. Jim Cramer: Alibaba Group Holding Ltd (BABA) Is The Cheapest and The Best on The Internet Place

3. Why Alibaba Group Holding Ltd (BABA)’s Listing Is Not Open Yet?

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