111–120 of 134 posts
> An Alibaba spokesman said Ma remains the company’s executive chairman and will provide transition plans over a significant period of time, contrary to a New York Times article that said he was “stepping down” to “retire.” The Times story was taken out of context, and factually wrong, the spokesman said. https://www.scmp.com/business/companies/article/2163376/jack...
Does it surprise you that The NY Times took something out of context and provided factually false info?
> An Alibaba spokesman said Ma remains the company’s executive chairman and will provide transition plans over a significant period of time, contrary to a New York Times article that said he was “stepping down” to “retire.” The Times story was taken out of context, and factually wrong, the spokesman said. https://www.scmp.com/business/companies/article/2163376/jack...
Does it surprise you that The NY Times took something out of context and provided factually false info?
> An Alibaba spokesman said Ma remains the company’s executive chairman and will provide transition plans over a significant period of time, contrary to a New York Times article that said he was “stepping down” to “retire.” The Times story was taken out of context, and factually wrong, the spokesman said. https://www.scmp.com/business/companies/article/2163376/jack...
Does it surprise you that The NY Times took something out of context and provided factually false info?
Earlier quoted context omitted.
If it's a straight donation maybe it's PRless. The number of people like Trump's or Zuckerberg's who donate to family foundations that give them tax breaks and give them a way to funnel money to their family through jobs that are paid by the foundations, has seriously degraded trust in the concept of charities as organizations. It's like running a company nowadays and wondering why your employees have no loyalty. Yea…
Showing loyalty for the sake of loyalty as a worker has nothing to do with honor. It's... stupid. I do not expect my employees to show loyalty to me because they should. I expect them to remain employed with me because it is their best option, and I compete for their labor business with the other employers in the pool.
"When you are 50 to 60 years old, spend time training and developing young people, the next generation," Ma added. "When you are over 60 years old, you better stay with your grandchildren." https://www.cnbc.com/2018/01/30/jack-ma-dont-fear-making-mis...
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It's illegal for foreigners to own a Chinese company. A shell company based in the Caribbean is publicly traded. It owns no assets. https://www.barrons.com/articles/beware-the-pitfalls-of-the-...
It is not illegal for foreigners to own part of Chinese companies. It's generally illegal for a single foreign entity to own a controlling interest. Softbank and Yahoo invested into Alibaba relatively early on. It was incorporated in China. Their positions represented the majority of shares in the business, just not individually.
Really recommend this write up on VIEs and Alibaba: https://www.hbs.edu/faculty/conferences/2017-imo/Documents/M...
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I don't ask this flippantly. Is it possible that he simply wasn't as good as he thought he was? In situations like this, I often find the company culture can suck, but I also often find that people overrate themselves and aren't willing to develop. I'd say my observations are about half-half.
Given what a business Aliexpress became under his watch, nobody will challenge his contribution
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Given what a business Aliexpress became under his watch, nobody will challenge his contribution
Exactly- success hides failure. That’s why it’s an interesting question. So what’s the answer?
Aliexpress was created with explicit intention of barging into US market, yet it ended up with them making more money in Russia than in every other market combined.