) co-founder 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.
In the post, which was roughly a page long, Ma praised the leadership of CEO Eddie Wu and chairman Joe Tsai and said the company's split into six divisions a year ago had helped streamline decision-making, making Alibaba more agile and customer-focused. "Our innovation has never been to surpass our opponents, but to catch up to the future," he wrote in the post."Innovation is not about following the trend, it's a test of your true ability to survive."Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.