Alibaba's 25th anniversary: Jack Ma speaks internally - Internet AI technology is surging, only competition can make oneself stronger

Zhitong
2024.09.10 11:20
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Alibaba (09988), celebrating its 25th anniversary on September 10th, founder Jack Ma emphasized idealism and social values in an internal post. He pointed out that in the face of fierce competition in internet and AI technology, Alibaba needs to remain vigilant and not lose itself under pressure. He is proud of the changes Alibaba has brought to society, rather than just financial achievements, emphasizing that competition is key to the company's growth and industry health

Zhitong Finance APP learned that September 10th marks the 25th anniversary of Alibaba (09988, BABA.US). Jack Ma posted on Alibaba's intranet to encourage Alibaba employees: "Alibaba is Alibaba because we have an idealistic spirit. We believe in the future, we believe in the market, and we believe that only a kind company that truly creates value for society can persist on the 102-year journey."

Jack Ma said: "In the past 25 years, what I am most proud of is not how many companies we have founded, but how much change and value these companies have brought to society. I am not proud of how much money we have made, or how high our market value is, but that even after making money, Alibaba employees still have ideals, still have emotions and righteousness. I am proud that without payment, we created Alipay; without logistics, we participated in logistics; without internet support technology, we invested in cloud computing; when credit was worthless, we made credit priceless."

Looking towards the future, Jack Ma directly mentioned the current surge of AI technology in the internet industry, fierce competition in various sectors, and many challenges facing Alibaba's businesses. He said: "No company can always remain the leader in any field, and only through competition can one become stronger, make the industry healthier. Besides, Alibaba has never been a company protected from competition," "We must always remind ourselves not to lose ourselves under competition and pressure."

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