23 June 2025

Meeting in a hotel lobby in Beijing in January, DeepSeek Founder Liang Wenfeng posed a soul-searching question to Luo Yonghao, a former English teacher turned entrepreneur: why would someone whose best asset is his eloquence start a technology company? The exchange – recounted by Luo in Beijing on Saturday at an event hosted by Founder […]

The restructuring “marks a strategic upgrade from an e-commerce platform to a comprehensive consumer platform”, Alibaba CEO Eddie Wu Yongming wrote in a letter to employees on Monday. “Moving forward, we will increasingly optimise our business models and organisational structures from the user’s perspective to create richer, higher-quality consumer experiences.” Alibaba, the business conglomerate founded