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By Tracy Qu Alibaba co-founder Jack Ma praised the company's top leadership and the ongoing restructuring exercise in a memo to employees, a rare move for the billionaire since stepping away... -April 10, 2024 at 04:39 am EDT - MarketScreener
Ma, one of China’s wealthiest people, said Alibaba had made “countless mistakes” in the past and would probably make more in the future, praising the company’s leaders for their bravery in overhauling the business.
In the past year, Alibaba underwent a historic reorganization and sweeping management changes in a bid to return the Chinese technology giant to growth.
Alibaba co-founder Jack Ma has penned a rare lengthy memo to employees that expresses support for the internet giant's restructuring efforts, a sign that he may be willing to take a more active role...
By Casey Hall