September 11, 2024 – On the occasion of Alibaba’s 25th anniversary, Jack Ma, the founder of the e-commerce giant, posted a message on the company’s internal network reminding employees of the company’s core values and its journey towards a 102-year vision.
Ma emphasized that while the company has already progressed through almost a quarter of its journey towards the ambitious 102-year goal, it must remain steadfast in its idealistic spirit and belief in the future, the market, and the importance of creating real value for society.
Acknowledging the intense competition and challenges faced by various business units within Alibaba, Ma stated that it was only natural for the company to face such challenges and even be surpassed in certain areas, as no company can maintain its leadership position indefinitely.
He encouraged employees to view competition as an opportunity to strengthen the company and improve the overall health of the industry. Ma reminded them that Alibaba has always thrived in a competitive environment and believes in the power of market forces and the value of innovation.
Alibaba Group was founded by Ma and 17 other individuals in an apartment in Hangzhou, China, in September 1999. The company’s first website was an English-language global wholesale trade market, and later that year, Alibaba launched a Chinese wholesale trade market, now known as “1688”.
