Jack Ma "strongly returns" to lead Alibaba (09988) in the AI and food delivery battle.
According to reports, Jack Ma, the founder of Alibaba (09988), has reappeared in the public eye after being out of the spotlight for several years, and has now returned to the Alibaba campus.
According to reports, Alibaba (09988) founder Jack Ma has returned to the Alibaba campus after being out of the public eye for several years. Reports suggest that Ma's direct involvement in the group is at its strongest in 5 years, with the most obvious indication being Alibaba's shift towards artificial intelligence (AI) and declaring war on e-commerce rivals.
Reports indicate that inside the Alibaba group, there is a strong ambition with messages on the bulletin board saying "MAGA" (Make Alibaba Great Again). Sources familiar with the matter revealed that signs of Ma's behind-the-scenes command have become clearer.
Since 2023, Alibaba has been led by Ma's two most senior lieutenants, Tsai Chongxin and Wu Yongming. The company has not made any official statement about whether Ma has returned in any official capacity. However, sources cited in the reports suggest that Ma, now 61 years old, is more hands-on than ever since stepping down as chairman of the board in 2019. In addition to being involved in decisions involving billions of dollars, he also requires regular updates on the development of Alibaba's comprehensive artificial intelligence (AI) business. Ma has also been known to message a senior manager three times in one day to inquire about progress.
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