Alibaba founder Jack Ma makes a morale-boosting post.  

After years of silence, Alibaba co-founder Jack Ma wrote a lengthy note to employees supporting the internet giant's restructuring.  

Alibaba (9988.HK), opens new tab Hong Kong shares rose 5% after the post.  

The internal business forum post comes one year after Alibaba announced its biggest split in 25 years, splitting into six units.  

It has had a turbulent period since then, employing a new CEO and announcing and then eliminating its cloud and logistics listings.  

In e-commerce, it has lost ground to low-cost rivals including PDD Holdings (PDD.O), opens new tab, and ByteDance-owned Douyin, the Chinese version of TikTok.  

Ma lauded CEO Eddie Wu and Chairman Joe Tsai and claimed the separation into six divisions had streamlined decision-making, making Alibaba more agile and customer-focused in the page-long post.  

Alibaba had made many mistakes, he added."We must not only have the courage to admit and correct yesterday's problems in a timely manner but also make reforms for the future," he stated, according to Reuters and a source who saw the post on Alibaba's intranet.  

"This year, amid the many doubts and pressures on the company internally and externally, I saw the birth of a strong and brave Alibaba team," he said.  

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