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Ma Yunfa'S Generous Year-End Award &Nbsp; Indefinite Delay In Listing

2011/1/27 9:22:00 39

Ma Yun'S Year-End Award Subsidiary

A few days ago

Jack Ma

Group mail sent all Alibaba Group employees to Alipay account to let everyone know.

On the morning of January 26th, Ma sent another group of emails to Alibaba Group employees, making it clear that Alibaba group in 2010

Annual bonus

More employees will receive year-end bonus + bonus + special red envelope.


Ma Yun also said in the mail that to ensure the rapid development of China's e-commerce infrastructure, Alibaba group

Subsidiary

Will be postponed indefinitely.

list

Plan.


Ma Yun expressed satisfaction with the development of Alibaba group in 2010 in the mail. "The external environment is more complicated than before this year, but our overall development is not bad.

Of course, the complicated changes in the external situation should not be an excuse for us to do well or badly.

I am basically satisfied with the development of the group in the past year. I would like to thank all the colleagues in this group for their hard work. We also particularly appreciate the progress made by Alipay and Taobao.

In 2010, we adhered to the principles of "openness, pparency, sharing, responsibility" and "globalization" and played a positive role in promoting the development of e-commerce in China.


Ma Yun also said that the annual bonus and salary increase in 2010 will be carried out in 2009, and "this year will be more substantial than before." but the bonus is not welfare, not everyone, and not everyone. It will be divided according to the 271 principles of Alibaba assessment system.

At the same time, because of the rise of CPI and the pressure of future prices on employees' lives, they will also raise salaries for employees and tend to ordinary employees. M5 (senior directors) or above will continue to pay no salary as they did last year.


In addition, Ma told employees that it would send special red packets to all employees, which is why the employee had opened Alipay accounts a few days ago.

Ma Yun also suggested that employees' red packets should be used to buy gifts for their loved ones, mainly on Taobao, for "more opportunities for Taobao sellers to work hard" or to donate part of the group to the group love fund.

Ma Yun expressed the hope that as long as the group's performance is good, even if it is not listed, employees can get the company's bonus.


Ma Yun reminded employees again that "the good development of e-commerce in China has nothing to do with Alibaba, but the development is not good, and it must be related to Alibaba."

Ma Yun said that in the next few years, the group should strengthen investment in e-commerce infrastructure, strengthen logistics, data traffic, small businesses and entrepreneurs' financial support, so as to perfect the ecosystem of China's e-commerce, and enable more enterprises to enter e-commerce with the lowest cost to complete the upgrading and pformation of enterprises, and therefore decide to postpone the listing plan of the Group subsidiary for an indefinite period.

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