HERE IT IS: Jack Ma Talks About Buying Yahoo In This Video

Jack Ma at Stanford

Here’s a video of the speech Alibaba Jack Ma gave at Stanford’s business school last week.

Alibiba, of which Yahoo is a part-owner, is the big Chinese Internet company that is growing like a weed over there.

About 22 minutes in, Ma confirms that Alibaba would like to buy Yahoo.

Other notes:

  • 21:50 The Q&A starts. The first question is about Yahoo, which Ma says he’d like to buy.
  • 33:30 Ma talks trash about 360buy.com, Alibaba rival.
  • 34:00 Ma says TaoBao accounted for 1.1 billion packages delivered in China in 2012 out of 2B total. He says TaoBao will deliver 3B in 2011. That’s crazy scale and growth.
  • 39:30 Ma talks about Chinese companies trying to do business in the US and says Alibaba is “not yet” in US. He dumps on Lenovo.
  • 47:20 He says the US is going to be big market for Alibaba
  • 52:00 Ma talks about his relationship with Jerry Yang.
  • 54:45 Kara Swisher asks Ma directly about YHOO and he says “we are very interested,” but that the “issue is not a financial one but political/insider/board issue” and that his “fingers are crossed”

Watch:

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

jack ma sai-us yahoo!