Sat, November 30, 2024
[ Sat, Nov 30th 2024 ]: Bill Williamson
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[ Sat, Nov 30th 2024 ]: Bill Williamson
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Jack Ma returns to Alibaba campus, as China moves to boost business confidence

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. as-china-moves-to-boost-business-confidence.html
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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Jack Ma, founder of Alibaba Group Holding, on Friday visited the company's campus in Hangzhou, capital of eastern Zhejiang province, in a show of support for the e-commerce empire he created a quarter of a century ago,
Jack Ma, the co-founder of Alibaba, made a rare public appearance at the company's Hangzhou campus on March 27, 2023, marking his first visit in over a year. His return comes at a time when Alibaba is undergoing significant changes, including a major corporate restructuring into six separate business units. This visit was seen as a morale booster for employees, especially amidst the backdrop of regulatory scrutiny and economic challenges in China. Ma, who has kept a low profile since criticizing Chinese regulators in 2020, has been focusing on agricultural technology and education, stepping back from the day-to-day operations of Alibaba. His presence was noted to be encouraging, with employees expressing hope that his return might signal a positive shift for the company's future.

Read the Full YAHOO!Finance Article at [ https://finance.yahoo.com/news/jack-ma-returns-alibaba-campus-093000081.html ]


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