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I think most of us deserve it then....... http://vulcanpost.com/7702/jack-ma-youre-still-poor-35-deserve/?fb_action_ids=10151998229752466&fb_action_types=og.likes You are poor because you have no ambition. Jack Ma: Before I founded Alibaba, I invited 24 friends to my house to discuss the business opportunity. After discussing for a full two hours, they were still confused — I have to say that I may not have put myself across in a clear manner manner then. The verdict: 23 out of the 24 people in the room told me to drop the idea, for a multitude of reasons, such as: ‘you do not know anything about the internet, and more prominently, you do not have the start-up capital for this’ etc etc. There was only one friend (who was working in a bank then) who told me, “If you want to do it, just try it. If things don’t work out the way you expected it to, you can always revert back to what you were doing before.” I pondered upon this for one night, and by the next morning, I decided I would do it anyway, even if all of the 24 people opposed the idea. When I first started Alibaba, I was immediately met with strong opposition from family and friends. Looking back, I realised that the biggest driving force for me then was not my confidence in the Internet and the potential it held, but more of this: ”No matter what one does, regardless of failure or success, the experience is a form of success in itself.” You have got to keep trying, and if it doesn’t work, you always can revert back to what you were doing before. As with this quote by T.E. Lawrence – “All men dream: but not equally. Those who dream in the dark recesses of the night awake in the day to find all was vanity. But the dreamers of day are dangerous men, for they may act their dreams with open eyes, and make it possible.” Jack Ma: People lose out in life because of these 4 reasons: Being myopic to opportunity Looking down on opportunities Lacking understanding Failing to act quickly enough You are poor, because you have no ambition. Ambition is living a life of great ideals; a magnificent goal in life that must be realised. In this world, there are things that are deemed unfathomable, but there is nothing in this world that cannot be done. The depth of one’s ambition determines the potential of one’ future.

Alibaba and SAIC have joined forces to launch an all-new automotive brand called IM (智己). Set to become China’s latest premium electric vehicle maker, the company will have a lineup that includes a stylish sedan and crossover. The sedan features a streamlined design and an intelligent lighting system which reportedly consists of 2.6 million pixels of light. They can be used to show animations as well as the charging status. Besides the high-tech lights, the sedan has flush-mounted door handles and aerodynamic wheels. We can also see a panoramic glass roof, a roof-mounted sensor pod and full-width taillights. The upscale styling continues in the cabin as drivers will find semi-aniline leather, wood trim and metallic accents. The sedan has also been equipped with dual pane windows and electric closing doors. Those features are nice, but they’re largely overshadowed by a 39-inch widescreen display that rises out of the dashboard and is broken up into three different sections. If that wasn’t enough screen space, there’s a secondary 12.8-inch display that ramps out of the center console like in the 2021 Mercedes S-Class. Speaking of technology, the car has been equipped with 15 high-definition cameras, 12 ultrasonic sensors and five millimeter wave radars. They’re used for the semi-autonomous driving system and Tesla-like summon feature. At the end of the year, IM will reportedly offer point-to-point autonomous driving. Details are limited and it’s reportedly dependent on government approval. However, NVIDIA confirmed the vehicles use their DRIVE Orin compute platform and have multiple Orin SoCs. They allow for “500 to 1,000+ TOPS [trillion operations per second] of performance for automated and autonomous capabilities in addition to in-cabin personalization that is continuously upgradable over-the-air for a truly software-defined experience.” On the performance front, there are two electric motors which give the vehicles all-wheel drive as well as a combined output of 536 hp (400 kW / 544 PS) and 516 lb-ft (700 Nm) of torque. This will enable the sedan to accelerate from 0-62 mph (0-100 km/h) in 3.9 seconds. A 93 kWh battery comes standard, while a 115 kWh battery will also be available. With the latter, the sedan will reportedly have a range of up to 543 miles (874 km) in the NEDC cycle. Interestingly, the car is set to come with the world’s first mass-produced high-speed wireless electric vehicle charger. It charges at up to 11 kW and can give the car a range of 43-50 miles (70-80 km) in as little as an hour. Getting back to performance, the vehicles ride on an aluminum architecture and feature chassis tuning by Williams. We can also expect an adaptive damping system and rear wheel steering. The sedan will be showcased at the Shanghai Auto Show in April, while the crossover will follow in 2022.

Helping retailer to move their business online ? i think it will create jobs in different area such as graphic design, photographer, web design, PR & marketing, and no more salesgirls and promoter in retail shops.

looks like big chunk of the money is flowing through alibaba's alipay, so much until the central govt felt threatened?