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Jack Ma appears in Alibaba's new global headquarters park

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  • By ChinaWiki.net
  • Chinese Edition
  • 2024-11-29

On November 29th, according to a reporter from The Paper, Alibaba founder Jack Ma appeared in the Alibaba Xixi C area located in Hangzhou Future Science and Technology City. This is the area that Alibaba officially put into use in May this year and is also the global headquarters of Alibaba.

This time, Jack Ma was dressed in casual attire, wearing a duckbill cap and holding coffee. He took a photo with several Alibaba employees outdoors in the office building of Alibaba's Xixi C district.

As of press time, Alibaba has not provided a response on this matter.

From the pictures circulating online, it can be seen that Shao Xiaofeng (flower name: Guo Jing) accompanied Jack Ma on a tour of Alibaba's Xixi C area. According to Alibaba's 2024 fiscal year annual report, Shao Xiaofeng is a partner and executive vice president of Alibaba Group.

Just last week, Alibaba announced the comprehensive integration of domestic and international e-commerce businesses, with Jiang Fan "returning" to take the helm as the CEO of the new e-commerce business group, reporting to Alibaba Group CEO Wu Yongming.

The new e-commerce business group will comprehensively integrate Taobao Tmall Group, International Digital Business Group, as well as e-commerce businesses such as 1688 and Xianyu, forming a business cluster covering the entire industry chain at home and abroad. In addition, to ensure support and guarantee for the core strategic direction, the finance and legal departments will be managed uniformly by the group. The financial and legal leaders of each business unit shall report in solid lines to the Group Chief Financial Officer Xu Hong and the Group Chief Legal Officer Yu Siying, respectively.

The last time Jack Ma gained widespread attention was in April this year, when he shared his views in a lengthy article on the intranet for the first time after five years of retirement. Jack Ma stated that in the past 25 years, Alibaba has achieved many successes, innovations, and leadership; But we have also made countless mistakes in these 25 years, and we will continue to make mistakes in the next 77 years. Facing problems calmly is not about denying the past, but about responsibly seeking the path to the future. Don't complain about the past, don't complain about others. Times have changed, and we must keep up with them. We not only have the courage to admit and correct yesterday's problems in a timely manner, but also face the future and reform. This is the reason why we keep moving forward.

Ma Yun said that in the era of great technological change, the time span of three to five years for the Internet field is like a century, which is enough to bring about earth shaking changes

On November 15th, Alibaba (NYSE: BABA, 09988. HK) released its financial report for the second quarter of fiscal year 2025 (as of September 30, 2024), with revenue of 236.503 billion yuan, a year-on-year increase of 5%, in line with market expectations; The net profit was 43.547 billion yuan, a year-on-year increase of 63%, mainly due to changes in the valuation of equity investments held at market value, a decrease in investment impairment, and an increase in operating profit. Adjusted EBITA (pre tax profit) decreased by 5% year-on-year to 40.561 billion yuan, mainly due to Alibaba's increased investment in e-commerce business, partially offset by revenue growth and operational efficiency improvement.

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