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Alibaba opens new global HQ

Alibaba Group Holding has opened a sprawling campus in Hangzhou, its third in the Xixi area of the capital of eastern Zhejiang province, in a sign of the Chinese e-commerce giant’s commitment to its home city as it grapples with fierce competition and a business restructuring, reports the South China Morning Post. The new complex, comprising seven buildings spanning nearly 1 million square metres (10.7 million square feet) of floor area, has enough office space to accommodate 30,000 employees, according to local media reports. It is the largest campus of Alibaba.

On Thursday, a day before Alibaba’s annual family and employee celebration known as AliDay, the company republished on the online forum of its flagship e-commerce platform, Taobao, a post written by co-founder Jack Ma in 2004.

“The biggest beneficiaries of a true, great and outstanding e-commerce website should be its users, and its biggest builders should also be its users,” Ma wrote, drawing many new comments after Alibaba revived the forum recently.

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