Alibaba founder Jack Ma visited the company’s Hangzhou campus on Friday to boost morale and urge staff to embrace change and prepare for AI disruptions in e-commerce. This is Ma's first known visit back to his hometown since March 2023.
Jack Ma steps into ‘mistakes’ brouhaha to boost Alibaba ’s morale, urges staff to embrace change and prepare for AI to upend e-commerce Alibaba founder Jack Ma visited the company’s Hangzhou campus on Friday. - Photo: Handout via The South China Morning Post
His low-key visit to Alibaba’s campus comes at a time when the Chinese government is trying to boost confidence in the country’s private sector, as the world’s second-largest economy grapples with a slew of challenges, ranging from a persistent property market downturn to renewed geopolitical headwinds after US president-elect Donald Trump threatened to levy additional tariffs on Chinese imports.
In a recent interview, Ma had called on employees of the business empire he created in Hangzhou 25 years ago to “believe in the future” and “believe in the market”, as the e-commerce giant faces fierce competition on multiple fronts.
Jack Ma Alibaba AI E-Commerce Entrepreneurship Change Management
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