The response was as swift as it was resolute.
On Oct. 24, Jack Ma, the man behind China’s e-commerce behemoth Alibaba, gave a speech in Shanghai at the Bund Summit, a gathering billed as a “an open, pragmatic and internationally influential financial high-end communication platform.” In such a setting, 56-year-old Ma probably felt entitled to share a few insights from a career that has seen him take Alibaba from a company of less than 20 people—started in his flat in the coastal city of Hangzhou in 1999—to a tech giant that pulled in $71.985 billion in revenue in the fiscal year ending Mar. 31, 2020.
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