11999, "Unemployed Vagrant" Jack Ma was invited to attend the Asian e-commerce conference held in Singapore . At this conference, 80% of the participants were European and American people, and the main content of the discussion was European and American e-commerce. Due to the poor development of e-commerce in Asia, many people have no say. After hearing this, Jack Ma felt a little unbearable, so he stood up and explained his point of view in fluent English: "Asian e-commerce has entered a misunderstanding. Asia is Asia, the United States is the United States, and now all e-commerce belongs to the United States, Asia should have its own unique model." Someone asked: "What model should it be?" Jack Ma replied seriously, "I don't know. This is what I should do when I go back."
Someone thinks that what Jack Ma said has no meaning, it is just stating his own point of view, without a clear direction, and no corresponding solution. But what happened later proved that they underestimated Jack Ma. After returning, Jack Ma decided to do e-commerce that was different from others. He gave up large enterprises with many resources and focused on small enterprises with nothing. In Jack Ma’s own words, it is “just catch shrimps.” Knowing the reality that small businesses are squeezed and excluded by large enterprises, Jack Ma said: "If companies also divide the wealth and poverty, then the Internet will be the world of the poor. Because there are many pages published by large enterprises and small enterprises on the Internet at the same price. And I just want to lead the poor and carry out a revolution."
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