Jack Ma asks Alibaba to ‘change’ and praises PDD

Ma’s missive comes as Alibaba navigates turmoil both internally and externally — Bloomberg

Beijing: Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.

Ma, who has mostly stayed away from day-to-day operations since 2020, stunned employees yesterday by replying to a staff post on Alibaba’s internal forum.