$Alibaba (BABA.US)$ At the beginning of July, at an Alibaba ...
$Alibaba(BABA.US$ At the beginning of July, at an Alibaba core executive meeting attended by many partners, the Ali management team reached a consensus, “We must have a sense of management. Focus on strategy. Be determined. You need to know what your strengths and weaknesses are.”
This is a change. In the past, Ali management mentioned Ali and preferred to emphasize “mission,” “vision,” “tomorrow,” and “innovation.” Now, they prefer to emphasize pragmatism and “business sense.”
Many Ali people have interpreted it as meaning that Ali is squeezing out a lot of false and prosperous businesses. Make business trade-offs and invest in more refined management in line with the general environment.
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