Jack Ma, Founder and Executive Chairman of Alibaba Group Holding, addresses the media during the inaugural Gateway '17 event at Cobo Center in Detroit, Michigan

Jack Ma, Founder and Executive Chairman of Alibaba Group Holding, addresses the media during the inaugural Gateway ’17 event at Cobo Center in Detroit, Michigan

Jack Ma, Founder and Executive Chairman of Alibaba Group Holding, addresses the media during the inaugural Gateway '17 event at Cobo Center in Detroit on June 20, 2017. Photo: Reuters / Rebecca Cook

July 28, 2017 1:33 PM (UTC+8)