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by fancl20
804 days ago
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From what I heard from engineers working for Alibaba, my understanding is that they are fighting with their own bureaucracy structure for quite long time to make any effective decision, at same time facing fierce compitition from JD and PDD. At some stage they released new prodect to compete with PDD every few months while still keep losing in their core e-commerce bussiness till now. All these were before government cracking down their financial business. Most of the people I know in the industry think Alibaba is one of the least efficient big tech company in China compare to e.g Tencent, Baidu, Bytedance, Huawei. They all have somewhat similar bureaucracy burden as big corp but not at the level of Alibaba. Their problem is much complex than pointing the finger at Chinese government to explain everything. |
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