The "Disintegration" of Alibaba, the End of an Era

Leslie Cheung - Love of the Year. flac4:16From Fun Technology ShowThis article is original, please do not plagiarize or move, violators will be held accountableJack Ma has retired for many years and has made few public appearances

This article is original, please do not plagiarize or move, violators will be held accountable

Jack Ma has retired for many years and has made few public appearances. But as long as Jack Ma appears, something big will always happen. For example, at the end of March this year, Jack Ma appeared in Hangzhou, and Alibaba announced significant changes by separating the six major businesses into business groups, forming a chairman and dedicated CEO.

In mid June, Jack Ma appeared again, and Alibaba announced its own transformation. Zhang Yong stepped down as the chairman of the board of directors, forming a new 1+6+N business cluster. Now that the original Alibaba Group has disintegrated, some foreign media lament that Alibaba's "disintegration" is the end of an era.

Alibaba is a top Internet company in China. Founded in 1999, Alibaba owns well-known brands such as Taobao, Tmall, Juhuasuan and Alibaba Cloud Cloud. Its business covers e-commerce, financial technology, cloud computing and other fields.

Alibaba is also actively expanding its business globally and has established offices and partners in the United States, Europe, Southeast Asia, and other places. With the growth of Alibaba's influence, some things have deviated from the correct trajectory. The most typical scenario is for merchants to choose between two options, which has led to Alibaba's failure.

It was not easy for the big ship to turn around, and since then, Alibaba has been self reforming and building a 1+6+N business cluster.

From the end of March this year, Zhang Yong, Chairman of the Board of Directors of Alibaba Cloud Group, announced that under Alibaba, Alibaba would set up Alibaba Cloud Intelligence, Taobao Tmall Commerce, Big Culture and Entertainment, International Digital Commerce, Novice, Local Life and a number of business companies, that is, 1+6+N business clusters.

The significance of such organizational structure change is profound. It can help Alibaba better respond to market changes and business development, achieve deep integration and collaborative innovation in its business. By splitting different business units into multiple independent companies, each company can focus more on its own business and respond more flexibly to market demands and changes.

Such changes can also better stimulate employees' innovation and creativity, promote internal competition and cooperation, and create more business opportunities and value.

The six major business groups that have been independently divided will have the opportunity to go public in the future. They will form independent boards of directors and CEOs, making tremendous efforts to achieve sustainable business development.

The transformation of Alibaba Cloud continues. On June 20, Zhang Yong issued a letter from all members announcing that Alibaba Cloud Intelligent Group has started to split up. He is not suitable to serve as the chairman and CEO of both companies at the same time.

Therefore, Zhang Yong will step down from his post as Chairman and CEO of the Board of Directors of Alibaba Cloud Group on September 10, and then serve as Chairman and CEO of Alibaba Cloud Intelligent Group full-time. Joseph Tsai is the chairman of the board of directors of Alibaba Group, and Wu Yongming is the CEO of Alibaba Group.

At this point, Alibaba Group has basically declared its "dissolution", and its original major businesses have been separated into groups. Of course, this may not necessarily be a bad thing, as some business groups have already developed better and better.

For example, Cainiao Group and Hema are starting to go public, and overseas digital commercial groups are also financing. The thriving business of Cloud Intelligence Group will be completely split from Alibaba Group, and related listing plans will also be launched. Foreign media lamented that Alibaba's "disintegration" is the end of an era.

Alibaba is no longer the Alibaba of the past. With the opportunities of the times, Alibaba has embarked on a new path of development. The group is divided into six parts, with the shadow of the trend of the times and the result of Alibaba's proactive choice.

Anyway, the outcome is already predetermined, that is, Ali cannot continue to grow savagely.

It is worth mentioning that in Alibaba's two major changes in March and June, there was Jack Ma's presence. Every time Alibaba announces significant change measures, Jack Ma will hold talks with Alibaba's senior management.

This time is no exception. Before Zhang Yong announced his resignation as Chairman and CEO of the Board of Directors, the media exposed Jack Ma's secret meeting with Taobao and Tmall executives to have a communication meeting within Alibaba. Then Zhang Yong released the outgoing internal letter, Joseph Tsai and Wu Yongming were successively promoted.

What does it mean that both changes are related to Jack Ma? Perhaps it indicates that Jack Ma has never left. For Alibaba, which he personally founded, although Jack Ma has retired, he has not let go.

And Jack Ma still has a great say in Alibaba, not only as a permanent partner of Alibaba, but also holds a veto power. Even without these, as the founder of Jack Ma and Alibaba, it is enough to influence Alibaba's development direction.

In the past, Alibaba has encountered many major changes, but Jack Ma has not appeared in person. To make the outside world think that Ma Yun has really disregarded it, I'm afraid that's not the case. Jack Ma is still participating in Alibaba's transformation, and in order to achieve Alibaba's goal of spanning three centuries, Jack Ma will not easily let go.

The era of Jack Ma has passed, but Alibaba still has a long way to go in the future. What surprises Alibaba will bring, let's wait and see.

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