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Alibaba to stick with core strategic engines of China, globalisation and tech after tough year of regulatory change

December 18, 2021
Source: scmp.com scmp.com
News Snapshot:
Chinese e-commerce giant Alibaba Group Holding has reiterated its focus on three key strategic engines – China consumption, globalisation and technology – to drive future growth, as it seeks to fight off a growing list of contenders. “Our vision for the future remains unchanged,” said Daniel Zhang Yong, chairman and chief executive of Alibaba, at the company’s Investor Day on Friday. “We believe we are in the best of times, in the digital era today, to capture opportunities of the future with the digital and technology capabilities that we have built over the years.” The Hangzhou-based company is eyeing lower-tier...
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