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SHANGHAI — Alibaba co-founder Jack Ma has penned a lengthy memo to employees that expresses support for the internet giant's restructuring efforts, a rare move from the billionaire after spending the last few years out of the spotlight. Alibaba's Hong Kong-listed shares surged five per cent after the post. The post, made in an internal company forum, comes one year...
Alibaba ($BABA) stock rose as Jack Ma expressed support for company restructuring and urged employees to embrace AI. Stock down 25% in 12 months.
Hi everyone, This is Cheng Ting-Fang, your #techAsia host for the week saying hello from Taipei!Roughly a week ago, I was hiding under the big dining
China News: Jack Ma, Alibaba Group's co-founder, has emerged from his recent retreat from the public eye with a significant memo to the company's employees. In hi
In the post, which was roughly a page long, Ma praised the leadership of CEO Eddie Wu and chairman Joe Tsai and said the company's split into six divisions a year ago had helped streamline decision-making, making Alibaba more agile and customer-focused.