(Image source: Photo.com)
September 10 is Teacher's Day, the 60th birthday of Alibaba founder Jack Ma, and the 25th anniversary of Alibaba's founding. On the same day, Ma Yun posted on the intranet a deep reflection and future outlook on Ali's ups and downs and forging ahead in the past 25 years. He said: "25 years from 102 years has almost completed 1/4 of the road, we must always remind ourselves not to lose ourselves under the pressure of competition and the situation, the reason why Ali is Ali, is because we have the spirit of idealism, we believe in the future, we believe in the market, we believe in the society to create real value of the good company can adhere to the 102-year journey." ”
Ali is determined to be a company that can survive for 102 years, and looking back on the past 25 years, Alibaba's journey has not been smooth sailing. Ma Yun said frankly that every year's experience has taught them how difficult it is to achieve a goal, especially to be a company with ideals and achievements that can not only make money and survive. "For the past 25 years, we seem to have been gritting our teeth in the midst of struggle, loss, frustration, pain, struggle, and smiling and persevering, advancing and caring for our ideals."
Facing the future, Ma Yun mentioned that the current Internet AI technology is surging, the competition in various industries is fierce, and many of Alibaba's businesses are facing challenges. He said that no company can always maintain the first place in any field, "only competition can make itself stronger, make the industry healthier, not to mention that Ali has never been a protected company", Ali believes in the power of the market and the value of innovation, and must always remind himself not to lose himself under the pressure of competition and the situation.
Here's what happened inside Jack Ma:
In April this year, Jack Ma praised the courage of the new management team composed of Tsai Chongxin and Wu Yongming in a post entitled "To Reform to Innovation", and pointed out that Alibaba has returned to the track of healthy growth. Through a series of reform measures, Alibaba has successfully overcome the "big company disease", returned to the principle of efficiency first and market first, and become simpler and more agile.
The latest financial report data also further confirms the effectiveness of Alibaba's reform. In the first quarter of fiscal 2025, Alibaba's total revenue grew steadily, and although its net profit declined, it still showed strong resilience and potential. On September 4, Taobao announced plans to add WeChat payment capabilities and fully introduce WeChat payment, which will cover all Taobao and Tmall merchants, reflecting Alibaba's firm determination to open up cooperation and improve user experience.
According to Qichamao, Alibaba (China) Network Technology Co., Ltd. (hereinafter referred to as Alibaba) was established in 1999 with a registered capital of 599,594.12 (10,000 yuan), and is one of the top 500 enterprises in China and the world.
From the perspective of Alibaba's development history, the company mainly focuses on the field of e-commerce. Since 1999, starting with the trading platform 1688.com, Alibaba has made significant progress in the field of global e-commerce, forming an e-commerce system with Taobao and Tmall as the core, and becoming a leading enterprise in the field of domestic e-commerce. In addition, Alibaba's Alipay business in the field of mobile payment has also become one of the two giants of third-party mobile payment in China.
From 2011 to 2021, the e-commerce transaction volume in mainland China increased year by year. In 2021, the national e-commerce transaction volume reached 42.3 trillion yuan, a year-on-year increase of 19.6%, resuming rapid growth. Among them, the transaction volume of commodities was 31.3 trillion yuan, and the transaction volume of services reached 11 trillion yuan.
Jack Ma focused on "reform and innovation" in the post "To Reform and Innovation". He believes that we are currently in an era of great technological change, and the time span of three to five years is enough for earth-shaking changes in the Internet field. The era of AI has just arrived, and everything has just begun. In the future, we need to be more active, more proactive and rapid to change ourselves, and we need greater efforts to reform in order to build a vibrant future Ali.
Prospective Economist APP Information Group
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