Today, Jack Ma posted on the Alibaba intranet titled "To Reform and Innovation", highly affirming the courage of the new management team composed of Cai Chongxin and Wu Yongming to change, stating that Alibaba has returned to a healthy growth track and supports continued reform.
It is reported that this is the first time in five years since his retirement that Jack Ma has shared his thoughts on the company's reform, innovation, and future prospects in a lengthy manner. Jack Ma stated that the most crucial change for Alibaba over the past year has not been to catch up with KPIs, but to recognize oneself and return to the customer value track. By targeting large companies, Alibaba has returned to prioritizing efficiency and market, becoming simple and agile. He believes that the new management team "faces problems and the future directly, trusts young people, fully empowers the young team, and makes decisive and clear choices about what we want and don't want." "Not only is it a breakthrough from yesterday's fixed strategy, but it is also building the future of Alibaba.". For the future of the industry, Ma Yun judged that "the time span of three to five years is like a century long for the Internet field, which is enough to bring about earth shaking changes. The AI era has just arrived, and everything has just begun. We are just in time!"