Alibaba founder Jack Ma steps out from shadows with long internal post
ETtech.com -

Alibaba cofounder Jack Ma has penned a rare lengthy memo to employees that expresses support for the internet giant's restructuring efforts, a sign that he may be willing to take a more active role after spending the last few years out of the spotlight. Alibaba's Hong Kong-listed shares surged 5.5% in morning trade after the post, on course for their biggest one-day percentage gain since February 6. In the post, which was roughly a page long, Ma praised the leadership of CEO Eddie Wu and...

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