In three years, his wealth has shrunk by half, and Jack Ma has changed
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On June 20th, on the day Alibaba announced the reshuffle, Jack Ma appeared at the Hangzhou headquarters and had a few cups of Yungu coffee with Zhang Yong, the outgoing CEO of the group, before drifting away to continue his "cloud travel".At the end of the month, starting from Japan, we first arrived in Bangladesh, then made our appearance in Nepal, and then visited Pakistan
On June 20th, on the day Alibaba announced the reshuffle, Jack Ma appeared at the Hangzhou headquarters and had a few cups of Yungu coffee with Zhang Yong, the outgoing CEO of the group, before drifting away to continue his "cloud travel".
![](/attached/image1/2023/07/17/b0ea02fed1b2270e7e3a69534db8bc1b.png)
At the end of the month, starting from Japan, we first arrived in Bangladesh, then made our appearance in Nepal, and then visited Pakistan. During this time, we met with former Pakistani Minister of State and founder of the NutShell group, Ahsan, and others, and then set off to Uzbekistan and other places.
![](/attached/image1/2023/07/17/4b5948be6c9472de92160089c874dc0d.jpeg)
The South Asian tour ended on the evening of July 13th, in a nightclub in the Serbian capital Belgrade, Jackma's figure appeared amidst lively fireworks and celebrations.
![](/attached/image1/2023/07/17/3e73dba18120398cb465a79117cd6f9b.jpeg)
The itinerary of the entire itinerary is completely in line with the countries that Daraz, an international e-commerce company under Alibaba, has already laid out and will soon lay out. Although it seems like a pastime, it has reopened the chessboard.
Dalaizan was originally a small online fashion retailer headquartered in Pakistan, founded in 2012. In 2015, it entered Bangladesh, then acquired its competitor Kaymu, and then expanded into Sri Lanka and Nepal.
In 2018, Dalaizan was acquired by Alibaba and underwent comprehensive technological transformation.
It is said that during his "cloud tour", Jack Ma experienced local history and culture, but also frequently expressed his hope to help local small businesses and farmers develop e-commerce business through the Alibaba platform.
Although it is still the old rule - every time they go, their whereabouts are immediately discussed on social media with netizens posting videos or taking group photos, perhaps due to the "mission oriented" travel, this wave of appearances clearly seems to have a slightly heavy heart.
![](/attached/image1/2023/07/17/dbdd8f8521aa03bca954ac0ee5c05984.jpeg)
For example, in a Belgrade nightclub, amidst the hormonal excitement of the crowd, the old horse becomes more and more like an old horse, striving to find as much passion as possible, but ultimately unable to conceal his lack of interest.
In the "Market stall" in downtown Sarajevo, there are beer, potato chips and cola on the small round table. It seems that Mr. Ma likes Abbas sweet.
Under the duckbill cap, although there was a smile on his face, his gaze could tell that his mind had already drifted towards a certain direction. The evening breeze blows, and the five flavors are mixed.
![](/attached/image1/2023/07/17/df53403fc235c80e7ec3c7f983199397.jpeg)
After all, the summer we are experiencing can even be considered the busiest and most intense summer for Ali, even if it is not the "most dangerous summer".
Starting with the announcement of a change of command on June 20th, Alibaba's major restructuring plan of "one dismantling, six dismantling, and N dismantling" has begun to advance. At the same time, a "Jack Ma internal speech" that occurred in late May, intentionally or unintentionally, was considered the first speech to begin after nearly three years of "silence".
After his passionate speech in the late autumn of 2020, Jack Ma immediately entered the stage of "seeing only his shadow but not hearing his voice". Silence, as well as the compromises, collaborations, and submissiveness that may exist behind it, have helped it through these three years.
(Review: Before the Feast Blows Away, the Complete Version of Ma Yun's Bund Speech)
Jack Ma, once the richest man in China, has now lost almost half of his wealth, and his highest point of wealth happened just before a company called Ant prepared for a global IPO.
At that time, the market believed that the valuation of Ants after their IPO would reach a staggering or passionate figure of $315 billion and RMB 2 trillion, but now it has dropped by three-quarters to around $78.5 billion.
This time around, I feel like Jack Ma has become quiet from the bottom of his bones. Actually, it's not just Teacher Ma who has changed, you, me, and him too.
After experiencing the "most convoluted and desolate 618 in history," everyone finally succumbed and turned around, only to find that there were still many poor people.
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