“Every great company is born in a winter,” Ma wrote in response to a staff post. “The people willing to reform for the future, and the organizations willing to pay any price and sacrifice, are the ones that are truly respected.”
(Bloomberg) China’s most famous entrepreneur broke years of silence about Alibaba Group Holding Ltd. with a call to arms for employees, following years of brutal government punishment and strategic missteps that cost the e-commerce pioneer its place as leader of the country’s tech industry.Most Read from BloombergUS 10-Year Yield Breaks 4.2% as Bonds Resume Rally: Markets WrapHow Suspects Laundered Billions in Singapore for YearsMoody’s Cuts China Credit Outlook to Negative on Rising DebtHarv