Trader works at the post where Alibaba is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 28, 2023.
REUTERS/Brendan McDermid Brendan Mcdermid | ReutersChinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC's Emily Tan in an exclusive interview Friday.
Questions about Alibaba's future have mounted after a series of internal changes, a scrapped cloud computing IPO and competition for its core e-commerce business.
"Where we didn't feel as confident as before, we felt the competitive pressure, but now we're back."
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Persons:
Brendan McDermid Brendan Mcdermid, Joe Tsai, Emily Tan, Tsai
Organizations:
New York Stock Exchange, REUTERS, PDD Holdings, ByteDance, Alibaba
Locations:
New York City, U.S, China, Alibaba