His challenge now may be coping with Alibaba's undoubted status as a whale in the world of e-commerce.
Jack Ma who had five years ago said he was inspired and excited by "Make in India" possibly understood the essence of the signature campaign better than some others and decided to stay away from India other than as an investor, says Nivedita Mookerji.
Tax demands and regulatory hassles, coupled with low internet density and sundry other problems, would have kept Mr Ma awfully busy - and small.
Even within China, economic slowdown and stiffer competition may hit growth.
The leaders of China and Taiwan met on Saturday for the first time since the formerly bitter Cold War foes split amid civil war 66 years ago.