Jack Ma Asks Alibaba to "Change" and Praises PDD in Rare Memo

13
2
Favorite

Jack Ma Asks Alibaba to "Change" and Praises PDD in Rare Memo

Bloomberg2023-11-29

(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

MoLoto
·2023-11-29
bullsit when u left the company and talk only behind
Reply
1
Report
orsiri
·2023-11-29
• Jack Ma suggests Alibaba takes inspiration from PDD Holdings Inc., noting that 'every great company is born in a winter'—apparently, even the e-commerce giants need a cozy sweater and a cup of cocoa during challenging times!
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2387651103?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-11-29 13:21","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2387651103","market":"us","top_or_hot":-1,"title":"Jack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-29 13:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html","article_id":"2387651103","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2387651103","pubTimestamp":1701235283,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades a","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4526":"热门中概股","BK4579":"人工智能","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4538":"云计算","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","PDD":"拼多多","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK4502":"阿里概念","BK4505":"高瓴资本持仓","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4504":"桥水持仓","BK4581":"高盛持仓","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0918141887.USD":"安联亚洲实际收益股票基金","BABA":"阿里巴巴","BK4548":"巴美列捷福持仓","BK4565":"NFT概念","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1051768304.USD":"贝莱德新兴市场股票收益A6","BK4554":"元宇宙及AR概念","BK4531":"中概回港概念","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4585":"ETF&股票定投概念","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1688375341.USD":"贝莱德中国灵活股票基金","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","09988":"阿里巴巴-SW","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4587":"ChatGPT概念","BK4558":"双十一","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4535":"淡马锡持仓","BK4524":"宅经济概念","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4220":"综合零售","BK4527":"明星科技股"},"translate_title":"马云要求阿里巴巴-SW“改变”，并在罕见的备忘录中赞扬PDD","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PDD":1,"BABA":0.9,"09988":0.6},"content_text":"(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.Ma, who has mostly stayed away from day-to-day operations since 2020, stunned employees Wednesday by replying to a staff post on Alibaba’s internal forum. In his brief message, the entrepreneur praised PDD’s decisions in past years. But Ma was convinced Alibaba Group Holding Ltd. will change and “correct its course,” he said in a post confirmed by people familiar with the forum. “Every great company is born in a winter,” the billionaire wrote. “As the AI era gets underway, it’s an opportunity for everyone as well as a challenge.”Ma’s missive comes as Alibaba navigates turmoil both internally and externally, where a weaker-than-anticipated economic recovery and up-and-coming rivals such as PDD and ByteDance Ltd. are undermining its once-dominant e-commerce business. An Alibaba representative didn’t immediately respond to a call and message seeking comment.  The company this year has undergone a series of internal upheavals, starting with the announcement of a plan to break up the corporation into six smaller pieces. Then-Chief Executive Officer Daniel Zhang stepped down after the company brought in two longstanding Ma confidantes, Joseph Tsai and Eddie Wu, to run the company. Months later, the pair announced they were shelving the much-anticipated spinoff and listing of its $11 billion cloud arm, a stunning about-face that called into question the company’s future direction.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":246773135257680,"gmtCreate":1701268649926,"gmtModify":1701268655066,"author":{"id":"3565513274158003","authorId":"3565513274158003","name":"MoLoto","avatar":"https://community-static.tradeup.com/news/88a7b794ec56f5c91340ca1e148333bc","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1},"htmlText":"bullsit when u left the company and talk only behind","listText":"bullsit when u left the company and talk only behind","text":"bullsit when u left the company and talk only behind","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246773135257680","repostId":2387651103,"repostType":2,"repost":{"id":"2387651103","pubTimestamp":1701235283,"share":"https://www.laohu8.com/m/news/2387651103?lang=&edition=full","pubTime":"2023-11-29 13:21","market":"us","language":"en","title":"Jack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo","url":"https://stock-news.laohu8.com/highlight/detail?id=2387651103","media":"Bloomberg","summary":"(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades a","content":"<html><head></head><body><p>(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.</p><p>Ma, who has mostly stayed away from day-to-day operations since 2020, stunned employees Wednesday by replying to a staff post on Alibaba’s internal forum. In his brief message, the entrepreneur praised PDD’s decisions in past years. But Ma was convinced Alibaba Group Holding Ltd. will change and “correct its course,” he said in a post confirmed by people familiar with the forum. </p><p>“Every great company is born in a winter,” the billionaire wrote. “As the AI era gets underway, it’s an opportunity for everyone as well as a challenge.”</p><p>Ma’s missive comes as Alibaba navigates turmoil both internally and externally, where a weaker-than-anticipated economic recovery and up-and-coming rivals such as PDD and ByteDance Ltd. are undermining its once-dominant e-commerce business. An Alibaba representative didn’t immediately respond to a call and message seeking comment.  </p><p>The company this year has undergone a series of internal upheavals, starting with the announcement of a plan to break up the corporation into six smaller pieces. Then-Chief Executive Officer Daniel Zhang stepped down after the company brought in two longstanding Ma confidantes, Joseph Tsai and Eddie Wu, to run the company. Months later, the pair announced they were shelving the much-anticipated spinoff and listing of its $11 billion cloud arm, a stunning about-face that called into question the company’s future direction.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-29 13:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","BK4581":"高盛持仓","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4504":"桥水持仓","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4548":"巴美列捷福持仓","BK4565":"NFT概念","LU0918141887.USD":"安联亚洲实际收益股票基金","09988":"阿里巴巴-SW","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4554":"元宇宙及AR概念","PDD":"拼多多","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4531":"中概回港概念","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4575":"芯片概念","BK4587":"ChatGPT概念","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4558":"双十一","BK4535":"淡马锡持仓","BK4220":"综合零售","BK4524":"宅经济概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4527":"明星科技股","BK4538":"云计算","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4579":"人工智能","BK4588":"碎股","BK4526":"热门中概股","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4502":"阿里概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4505":"高瓴资本持仓"},"source_url":"https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2387651103","content_text":"(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.Ma, who has mostly stayed away from day-to-day operations since 2020, stunned employees Wednesday by replying to a staff post on Alibaba’s internal forum. In his brief message, the entrepreneur praised PDD’s decisions in past years. But Ma was convinced Alibaba Group Holding Ltd. will change and “correct its course,” he said in a post confirmed by people familiar with the forum. “Every great company is born in a winter,” the billionaire wrote. “As the AI era gets underway, it’s an opportunity for everyone as well as a challenge.”Ma’s missive comes as Alibaba navigates turmoil both internally and externally, where a weaker-than-anticipated economic recovery and up-and-coming rivals such as PDD and ByteDance Ltd. are undermining its once-dominant e-commerce business. An Alibaba representative didn’t immediately respond to a call and message seeking comment.  The company this year has undergone a series of internal upheavals, starting with the announcement of a plan to break up the corporation into six smaller pieces. Then-Chief Executive Officer Daniel Zhang stepped down after the company brought in two longstanding Ma confidantes, Joseph Tsai and Eddie Wu, to run the company. Months later, the pair announced they were shelving the much-anticipated spinoff and listing of its $11 billion cloud arm, a stunning about-face that called into question the company’s future direction.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":246680481488904,"gmtCreate":1701246135513,"gmtModify":1701246140642,"author":{"id":"4125570196865622","authorId":"4125570196865622","name":"orsiri","avatar":"https://community-static.tradeup.com/news/65ce9f1def4b96d1cd3e7dce4d696e8e","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"• Jack Ma suggests Alibaba takes inspiration from PDD Holdings Inc., noting that 'every great company is born in a winter'—apparently, even the e-commerce giants need a cozy sweater and a cup of cocoa during challenging times!","listText":"• Jack Ma suggests Alibaba takes inspiration from PDD Holdings Inc., noting that 'every great company is born in a winter'—apparently, even the e-commerce giants need a cozy sweater and a cup of cocoa during challenging times!","text":"• Jack Ma suggests Alibaba takes inspiration from PDD Holdings Inc., noting that 'every great company is born in a winter'—apparently, even the e-commerce giants need a cozy sweater and a cup of cocoa during challenging times!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246680481488904","repostId":2387651103,"repostType":4,"repost":{"id":"2387651103","pubTimestamp":1701235283,"share":"https://www.laohu8.com/m/news/2387651103?lang=&edition=full","pubTime":"2023-11-29 13:21","market":"us","language":"en","title":"Jack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo","url":"https://stock-news.laohu8.com/highlight/detail?id=2387651103","media":"Bloomberg","summary":"(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades a","content":"<html><head></head><body><p>(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.</p><p>Ma, who has mostly stayed away from day-to-day operations since 2020, stunned employees Wednesday by replying to a staff post on Alibaba’s internal forum. In his brief message, the entrepreneur praised PDD’s decisions in past years. But Ma was convinced Alibaba Group Holding Ltd. will change and “correct its course,” he said in a post confirmed by people familiar with the forum. </p><p>“Every great company is born in a winter,” the billionaire wrote. “As the AI era gets underway, it’s an opportunity for everyone as well as a challenge.”</p><p>Ma’s missive comes as Alibaba navigates turmoil both internally and externally, where a weaker-than-anticipated economic recovery and up-and-coming rivals such as PDD and ByteDance Ltd. are undermining its once-dominant e-commerce business. An Alibaba representative didn’t immediately respond to a call and message seeking comment.  </p><p>The company this year has undergone a series of internal upheavals, starting with the announcement of a plan to break up the corporation into six smaller pieces. Then-Chief Executive Officer Daniel Zhang stepped down after the company brought in two longstanding Ma confidantes, Joseph Tsai and Eddie Wu, to run the company. Months later, the pair announced they were shelving the much-anticipated spinoff and listing of its $11 billion cloud arm, a stunning about-face that called into question the company’s future direction.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJack Ma Asks Alibaba to \"Change\" and Praises PDD in Rare Memo\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-29 13:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","BK4581":"高盛持仓","LU0821914370.USD":"贝莱德亚洲成长领袖A2","BK4504":"桥水持仓","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4548":"巴美列捷福持仓","BK4565":"NFT概念","LU0918141887.USD":"安联亚洲实际收益股票基金","09988":"阿里巴巴-SW","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","BK4554":"元宇宙及AR概念","PDD":"拼多多","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4531":"中概回港概念","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4575":"芯片概念","BK4587":"ChatGPT概念","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4558":"双十一","BK4535":"淡马锡持仓","BK4220":"综合零售","BK4524":"宅经济概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4527":"明星科技股","BK4538":"云计算","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","BK4579":"人工智能","BK4588":"碎股","BK4526":"热门中概股","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","BK4502":"阿里概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK4505":"高瓴资本持仓"},"source_url":"https://finance.yahoo.com/news/jack-ma-asks-alibaba-change-041610700.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2387651103","content_text":"(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.Ma, who has mostly stayed away from day-to-day operations since 2020, stunned employees Wednesday by replying to a staff post on Alibaba’s internal forum. In his brief message, the entrepreneur praised PDD’s decisions in past years. But Ma was convinced Alibaba Group Holding Ltd. will change and “correct its course,” he said in a post confirmed by people familiar with the forum. “Every great company is born in a winter,” the billionaire wrote. “As the AI era gets underway, it’s an opportunity for everyone as well as a challenge.”Ma’s missive comes as Alibaba navigates turmoil both internally and externally, where a weaker-than-anticipated economic recovery and up-and-coming rivals such as PDD and ByteDance Ltd. are undermining its once-dominant e-commerce business. An Alibaba representative didn’t immediately respond to a call and message seeking comment.  The company this year has undergone a series of internal upheavals, starting with the announcement of a plan to break up the corporation into six smaller pieces. Then-Chief Executive Officer Daniel Zhang stepped down after the company brought in two longstanding Ma confidantes, Joseph Tsai and Eddie Wu, to run the company. Months later, the pair announced they were shelving the much-anticipated spinoff and listing of its $11 billion cloud arm, a stunning about-face that called into question the company’s future direction.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":13,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}