As the founder of Alibaba, Jack Ma can be described as the "originator" of China's e-commerce, almost changing our consumption methods and payment habits. With Alibaba's growth into a top Internet giant, Ma Yun has also reached the peak of his life and is regarded as an idol by countless younger entrepreneurs.
During the period when Ma Yun was "at the helm", Alibaba was almost "invincible" in the domestic e-commerce market. But since Jack Ma stepped down as CEO in 2019, a strange scene has appeared, in just over three years, Alibaba's market value has "halved" by nearly 70%, and it was even fined more than 18 billion yuan for suspected monopoly!
Now Ali's market value has shrunk to $190 billion, and it has been overtaken by a certain Duoduo, completely losing its position as the leader of e-commerce. At the same time, Jack Ma's reputation has also been greatly affected because of the Ant Financial incident and some controversial remarks, such as "if the bank does not change, we will change the bank".
In addition, Ma Yun has cashed out more than 100 billion Ali shares one after another, which seems to have laid the groundwork for Ali's decline. In order to stop the decline, Ali has actually put a lot of effort into it in recent years, such as replacing Daniel Zhang, reactivating a large number of "veterans", and carrying out business splitting and reorganization, but the effect is minimal.
The data shows that in Q3 2023, Pinduoduo's revenue will increase by 94%, while Alibaba's revenue will only increase by 8.5%. Jack Ma once made a bold statement that he wanted to build Alibaba into a century-old enterprise, but if it continues to develop according to today's trend, everything will become empty talk.
What people never expected is that just recently, the US SEC disclosed an important document, which shows that Ma Yun has recently begun to significantly increase his holdings of Alibaba's shares, only in the fourth quarter of 2023, he bought Ali shares worth more than 50 million US dollars, as for the latest repurchase figures, although it has not yet been disclosed, some industry insiders predict that Ma Yun's shareholding ratio at this stage may have surpassed SoftBank, and he has officially become a major shareholder with the right to speak.
As soon as this news came out, it instantly aroused heated discussions in the industry, and Ali's stock rose in a short period of time, and many netizens said that Ali will usher in a "big change".
The reason is very clear, the word Ma Yun is too golden, as long as he is there, the capital market will have confidence in Ali, not to mention, Ma Yun's forward-looking, decision-making and innovation capabilities have always been recognized, and he is often good at seizing market opportunities and acting decisively.
Although there is no news about Ma Yun's next position, it is almost certain that major decisions made by Alibaba in the future will be checked by Ma Yun, and even he will personally lead the team to do some extremely critical business like Xiaomi's Lei Jun.
It can be expected that with the return of Jack Ma, the competition between Ali and Pinduoduo and other opponents will be more exciting. Although Pinduoduo is now in the upper hand, but its product quality is not flattering, and the marketing strategy is even more tireless, such as the "chop" activity, which is completely using the consumer's family and friendship to forcibly bind users, as well as the so-called "cash subsidy", I don't know how many "dark mines" have been set up, if users want to get it, the difficulty is comparable to going to the west to learn from it.
In contrast, Alibaba's reputation and user base are accumulated little by little over time, which is far more solid than Pinduoduo. Therefore, for the future of the two Internet giants, the author is personally more optimistic about Alibaba, which is led by Jack Ma, and also supports Alibaba.
It is worth emphasizing that while Ma Yun returned this time to "save" Ali, he also made money. You must know that when Ma Yun cashed out 100 billion shares at the peak of Alibaba's market value, and now Alibaba's stock price has plummeted by 70%, Ma Yun's sudden move is completely a bottom-copy!
The most important thing is that after this series of operations, Ma Yun successfully replaced Japan's SoftBank Group at the smallest price and became the largest shareholder of Alibaba in one fell swoop, which can be said to have the real right to speak. So the question is, under the leadership of Jack Ma, can Ali regain its glory? What do you think about this? Welcome to leave a comment.