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Is Alibaba equivalent to Proctor & Gamble? If so, what is the vision of Jack Ma? I'm still not sure how one articulates a vision for such a conglomerate.
by blutoot 12y ago
Is Alibaba equivalent to Proctor & Gamble? If so, what is the vision of Jack Ma? I'm still not sure how one articulates a vision for such a conglomerate.
- rememberlenny 12y agoNo. Alibaba is like Amazon+Ebay on steroids.
- blutoot 12y agoSo when you're the CEO of this group do you tell your board "I'd like to own everything that falls under consumer-facing e-commerce"? I am thinking in cases like this the vision is to plain make as much money as possible. Everything else is just a mechanism to achieve that. This is no different than running a hedge-fund group where you make money off of your portfolio.
- tim333 12y agoFrom Jack Ma's recent letter (http://www.ft.com/cms/s/0/54a53a50-353d-11e4-aa47-00144feabdc0.html#axzz3CicANM9r http://www.ft.com/cms/s/0/54a53a50-353d-11e4-aa47-00144feabd...) >Our Mission and Vision Alibaba is a values-based company driven by our mission “to make it easy to do business anywhere.” >we will put “customers first, employees second, and shareholders third.”