Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

US dollar declines amid trade concerns

June 30, 2025

When will Congress pass Donald Trump’s ‘big, beautiful bill’?

June 30, 2025

US charges North Koreans posing as American tech workers in plot to defraud over 100 firms

June 30, 2025
Facebook X (Twitter) Instagram
Monday, June 30
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Alibaba breaks down barriers as CEO Eddie Wu calls for a return to entrepreneurial roots
Business

Alibaba breaks down barriers as CEO Eddie Wu calls for a return to entrepreneurial roots

adminBy adminMay 9, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 60


Alibaba Group Holding, which went through a sweeping restructuring two years ago by separating its sprawling operations into six major groups, is taking steps to break down barriers between different units, as the e-commerce giant refocuses resources on core priorities.

Eddie Wu Yongming, Alibaba’s CEO, told employees on Friday that the company would “mobilise at full strength and concentrate our efforts on a few core strategic priorities”, with “key initiatives driven jointly by multiple businesses”, according to an internal memo seen by the Post. Alibaba owns the South China Morning Post.

The Hangzhou-based technology giant co-founded by Jack Ma 26 years ago in a flat, on Friday started allowing employees from different business groups to communicate with each other via an internal website, according to Alibaba employees who have access to the website.

The remarks by Wu, and the internal changes, come ahead of Alibaba Day on May 10, an annual gathering of the company’s employees to build a sense of community and recognition within the group. This year, Alibaba has recreated the flat, where Ma launched the company, in its campus as a pilgrimage site for employees.

Alibaba CEO Eddie Wu Yongming. Photo: Weibo
Alibaba CEO Eddie Wu Yongming. Photo: Weibo

“The technology, talent and resources that Alibaba has accumulated over the years are advantages in this new era,” Wu said. “The artificial intelligence (AI) revolution is opening new possibilities for synergy across Alibaba’s diverse products and services, and unlocking the potential to create new user experiences and value.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Hong Kong mortgage loans hit 12-month high of US$3.4 billion as low rates lure refinancers

June 30, 2025
Business

Baidu the latest to join open-source movement with Ernie 4.5 models publicly available

June 30, 2025
Business

New World secures US$11.3 billion refinancing just before deadline, averts loan default

June 30, 2025
Business

Standard Chartered and UBS bullish on Hong Kong, China stocks on policy support, earnings

June 30, 2025
Business

Chinese chipmaker Sophgo adapts compute card for DeepSeek in Beijing’s self-reliance push

June 30, 2025
Business

Top OpenAI talent from China joins Meta as Zuckerberg bolsters AI team in tech battle

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

CCP clears 40.63% share acquisition of Mitchell’s Fruit Farms by CCL Holding – Business & Finance

June 30, 2025

Atlas Honda hikes bike prices in Pakistan following new tax imposition – Markets

June 30, 2025

PBA refutes reports on remittance subsidies to banks – Business & Finance

June 30, 2025

Leghari urges chief ministers to scrap electricity duty from bills starting July – Markets

June 30, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • US dollar declines amid trade concerns
  • When will Congress pass Donald Trump’s ‘big, beautiful bill’?
  • US charges North Koreans posing as American tech workers in plot to defraud over 100 firms
  • Market lessons from the first half of 2025 — and, stocks that look good going forward
  • MicroStrategy buys more bitcoins worth $500 milion

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

US dollar declines amid trade concerns

June 30, 2025

When will Congress pass Donald Trump’s ‘big, beautiful bill’?

June 30, 2025

US charges North Koreans posing as American tech workers in plot to defraud over 100 firms

June 30, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.