Jack Ma Urges Alibaba to Trust in Market Forces, Innovation.

Jack Ma, co-founder of Alibaba, has urged the company to trust in market forces and innovation in order to become stronger. In an internal memo to commemorate Alibaba's 25th anniversary, Ma acknowledged the challenges and competition faced by the company, stating that no single company can stay at the top forever. Alibaba's growth has slowed due to a weakening Chinese economy and competition from other e-commerce platforms. Ma emphasized the importance of competition in making the industry healthier and expressed Alibaba's ambition to last for 102 years. [Extracted from the article]