Jack Ma’s advice for Chinese entrepreneurs in the time of coronavirus: retool, reflect and restore work at a steady pace

The coronavirus epidemic in China presents an opportunity for entrepreneurs to retool themselves and prepare for the growth, said Ma, who drove Alibaba to launch Taobao in 2003 during the Sars outbreak. In his lecture at the Hupan College, Ma channelled Kazuo Inamori, the legendary founder of Kyocera Corporation. — SCMP

Jack Ma, the co-founder of Asia’s biggest company by capitalisation, said the coronavirus epidermic in China presents an opportunity for entrepreneurs to retool themselves and prepare for the growth that lies ahead when the outbreak subsides.

Ma, the retired chairman of Alibaba Group Holding and principal of the non-profit Hupan College in Hangzhou, told students to “find a direction amid crisis and change” that is besetting the country, according to a video clip of his lecture at the university he co-founded with eight other entrepreneurs.