Jack Ma said in a speech at Stanford University over the weekend that he doesn't care where or when an initial public offering is conducted for his e-commerce empire, which saw total transactions of more than 1 trillion yuan ($160 billion) last year. What he cares about most is whether an IPO will help the company sustain growth and benefit shareholders.
The 49-year-old Ma, known for eloquence and wit, compared the IPO to a wedding and said it is more important to think about married life after the ceremony.
"If an IPO is a wedding, Alibaba is more concerned about the marriage after. The result that we don't expect to see is the marriage becoming the grave of love," he said.