Sep 17, 2017 1:30am EDT
is bloomberg. ♪ ♪ stephen: welcome to china, birthplace and home place of juggernaut alibaba. i'm stephen engle, and what a past 18 years it has been, transformative for not only alibaba, but china as well, and the global internet economy as a whole. and we were here for the 18th birthday bash. [applause] stephen: packed in with 40,000 employees into an outdoor stadium. and we spoke exclusively with group executive chairman jack ma.
Aug 20, 2017 10:00am EDT
more and more popular over time. i think it is clear in china that didi is the only player. you can see where, if they keep executing well, this is the huge opportunity for them. this also plays into the needs of the country, where you don't want to have car ownership. you want more rain cars. it's much easier to take large players like didi and get them to work with the government. and getting the green stuff, electric cars. emily: so uber has pulled out of china, out of russia. do you see them making the same decisions in india, in southeast asia, in brazil? nikesh: i actually believe it is possible for two players to coexist in the market and coexist happily. but i think it requires the markets to rationalize and stabilize. there are many industries who have multiple players that coexist like telecom services. they are competing every day with someone to make a large amounts of money like the cable industry. i think it is a large market. can they go it alone? i think they probably could. emily: do you see that with uber and lyft in the u.s.? that this is a two-company market? nik
Aug 19, 2017 9:00am EDT
if you work at a car company, a consulting firm, a company in china, where it might be more difficult to create that kind of culture? sheryl: i've been talking about emotion at work for a long time. i wrote in "lean in" that i cry at work sometimes. that was reported that i cry on mark zuckerberg shoulder, which is not what happened. i wrote that i leave work at 5:30 to be home for dinner. the concept that we can be great leaders, managers, contributors, but also great parents and wives and husbands and fathers and mothers and friends, and i don't think these things trade-off. i think they go together. emily: when you said you leave work at 5:30, someone else said, you couldn't have gotten more publicity if you murdered someone with an axe. [laughter] but i think it is fair you don't report behind at the 5:30. expectations of modern workers are higher than ever. how do employers address that? sheryl: it's such a good point. the expectations are higher on both sides, and you are right. when my parents were in the workforce, early days, there was no internet. you couldn't work