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Speaking at a prestigious forum in Singapore, Joe Tsai of the Alibaba Group emphasized that the company views itself as a startup to sustain its competitive edge. He highlighted the fiercely competitive e-commerce landscape, where new entrants continuously emerge, necessitating Alibaba's swift response to market dynamics. Consequently, Alibaba has refined its strategy, centering on its dual core competencies of e-commerce and cloud computing, while streamlining operations and internal communications. Joe Tsai affirmed that Alibaba will embark on the next decade with a startup mentality, eradicating the "big company disease" and preserving its entrepreneurial spirit. This transformation fortifies Alibaba's leading position in the realms of e-commerce and cloud computing.
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