/// Alibaba’s Next Challenge: Managing Growth
After wresting control of his company’s boardroom in a battle with Yahoo Inc., the founder of Alibaba Group Holding Ltd. says he is focused now on a bigger challenge: Managing runaway growth at the Chinese e-commerce giant. “We don’t have any experience. We don’t know how to organize,” Jack Ma said in an interview. The pace of growth threatens to overwhelm Alibaba, which Mr. Ma, a former English teacher, started in his apartment 13 years ago. Today, Hangzhou-based Alibaba has more than 23,000 employees. Taobao and Tmall, the company’s shopping Web sites, are expected to host a trillion yuan ($157 billion) in transactions this year, up 150 percent from 400 billion yuan in 2010. Taobao and Tmall are each less than 10 years old. Read the rest of this post on the original site »
Alibaba’s Next Challenge: Managing Growth
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- 08/17/2013 • With Alibaba Investment in ShopRunner, CEO Scott Thompson Gets His Second Deal With Jack Ma