Jack Ma sends longest memo to Alibaba employees in 5 years

• Jack Ma has some words of encouragement for Alibaba Group employees.
• In a roughly page-long memo, he addressed the company's shortcomings, Reuters reported.
• The cofounder reportedly spent $50 million on Alibaba shares in Q4 of 2023.

Alibaba employees received a rare memo from cofounder Jack Ma, and the message was motivational.