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Transcripts For BLOOMBERG Bloomberg West 20150509

The company turned a 464 million profit. There are lingering concerns about alibabas ability to drum up international revenue. Chairman jack ma just announce a hiring freeze and there are concerns about the relationship of the Chinese Government which says alibaba is not doing enough to crack down on fraud. I spoke with daniel jong, a former accountant and now ceo. I asked him what he plans to do differently and whether the Management Team will stabilize. We change a couple of leadership. We believe that today is the right time for us to bring young generation to the leadership. Alibaba this is a long journey. When he the young generation to be a participant in the company to the next journey. Emily how will you bring more young talent . Although leaders are from the 1970s. Were trying to bring more and more 1980s and 1990s, the Younger Generation to the middle class level and finally to the leadership level. We believe this will this will be the foundation for future growth. Emily jac

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