Alibaba boss tells staff to focus on the big picture

30th August, 2015
Daniel Zhang, chief executive of Alibaba, has told his employees they must shift their focus from the stock market to customers

Chinese e-commerce giant Alibaba saw its share price fall below its initial public offering price for the first time last week. However, Alibaba chief executive Daniel Zhang wrote an email to staff urging them to “forget about the stock prices”.

“This is not the first time that the global stock market has plunged. It is not the last time, either. I hope everyone can shift the focus from the stock market to customers....

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