Alibaba Chairman Joe Tsai says organizational structure and non-core asset sales are key to the company's restructuring efforts as the tech giant focuses on e-commerce and cloud computing.
This is a very smart man. he is right about the baba valuation in this market. I believe that the only way that the investors will give the full value of Alibaba is if XI dies suddenly or is out of office.The stock will 10x in a matter of weeks. Nothing else will work. Good luck fortune cookie.
Joe and Jack are both great businessmen! I feel really bad for them. China really has shocked the system and they hit it at the same time as China deals with a huge real estate/banking correction. And investors are running for the hills from this insanity.
why do they do that? people might really know China if they do that. they need to follow the western trend of hating China, none of these bitches ever even been there. you think they really care about objectify the narrative?
We’re TASC - and we’re the Middle East’s leading recruitment and HR solutions specialists. From our offices in Riyadh, our dedicated team focusses solely on the recruitment and staffing needs of organisations like yours, doing business in KSA. With over 15 years’ of experience in the Gulf, our specialists have an in-depth knowledge of the Saudi staffing landscape. We’ve recruited and managed many hundreds of employees on our Iqama, across multiple industry sectors. And our understanding of local employment law is second-to-none. So whether you’re looking to recruit locally to meet Saudization targets, source international candidates from our global talent network, or streamline your company’s HR and staffing systems, you’ve come to the right place.
Good decision, fast thinking , spinning off cloud is NOT going to win them anything for the long run with the emergence of AI. I hope they invest HEAVILY into AI hardware development and use that in combination with the cloud. Logistics should also be kept.
He's certainly saying all the right things, well spoken, clear minded, I instantly like his knowledge and style. Maybe he turns things around. Alibaba's LLM could certainly benefit for the data base of their cloud business so maybe they're likely the spin off was stopped. I hope Xi let's Tsai work without too mant restriction.
