Jack Ma, the founder and executive chairman of China's online marketplace Alibaba, said one reason his company is so successful is that he hires a lot of ladies.
"One of secret sauces of Alibaba is we have a lot of women," he said, adding 47 percent of his overall staff and 33 percent of people in senior roles are women, according to The Hollywood Reporter.
Ma made the comments earlier Friday at the World Economic Forum in Davos, Switzerland. "Women think about others more than themselves," which is key for Alibaba and its ability to serve users, he said.
The e-commerce juggernaut Alibaba Group raised more than $21 billion in its initial stock sale in September last year.