Mei Ri Jing Ji Xin Wen·2025-08-13 14:33Core Viewpoint - The recent departure of Alibaba Group's former partner Cai Jingxian, known as "Duolong," marks a significant change in the company's partnership structure, reflecting ongoing organizational adjustments within Alibaba [1][5]. Group 1: Background on Cai Jingxian - Cai Jingxian, a key figure in Alibaba's early development, joined the company in 2000 and was one of the original developers of Taobao, playing a crucial role in building its trading and forum systems [1][3]. - He was recognized for his exceptional problem-solving skills and ability to handle complex issues independently, earning the reputation of being able to accomplish the work of an entire team [3][4]. - In 2014, Cai became an official partner of Alibaba after passing the partner nomination committee's evaluation, and by 2017, his net worth was reported to be 2.6 billion yuan [4]. Group 2: Changes in Partnership Structure - The partnership structure at Alibaba has been undergoing significant reductions, with nine partners exiting this year, bringing the total number of partners down to 17, the lowest since the company's IPO in 2014 [6][8]. - The core requirements for selecting partners include a minimum of five years at Alibaba, strong alignment with company culture, and a commitment to the company's mission [7]. - The current partners primarily consist of key business leaders and technical heads, continuing Alibaba's focus on core operations amid ongoing organizational changes [8][9]. Group 3: Market Performance - Following these structural changes, Alibaba's stock has seen substantial gains, with its Hong Kong shares rising over 50% and U.S. shares increasing by more than 40% this year [9].