Ask HN: What's it like to work for Alibaba now?

2 pointsdizzydiz4y ago2 comments

Has all hope for growth and new product lines gone, now that Alibaba's out of favour with the CCP?

2 comments

I think you're confused. Alibaba is still posting YoY revenue growth of more than 30%. https://www.macrotrends.net/stocks/charts/BABA/alibaba/reven... Of course their stock price has been falling continuously over the past year, but that's down to the company losing favor with investors, who apparently believed that Alibaba was favored by the government and now they believe the opposite. Amusing.

If you're still interested in learning how people feel about working at Alibaba, you could read e.g. https://zhuanlan.zhihu.com/p/180359899 (from April this year, the most recent I could find).

dizzydizOP4y ago

Their 2022 revenue growth is flat based on tikr.com, due to that change in govt situation, hence "hope for growth". And thanks! Will check out the link.

j / k navigate · click thread line to collapse

2 comments

yorwba4y ago

If you're still interested in learning how people feel about working at Alibaba, you could read e.g. https://zhuanlan.zhihu.com/p/180359899 (from April this year, the most recent I could find).

dizzydizOP4y ago

Their 2022 revenue growth is flat based on tikr.com, due to that change in govt situation, hence "hope for growth". And thanks! Will check out the link.

j / k navigate · click thread line to collapse