Alibaba After Jack Ma & China's Economy in 2024

In this conversation, Samo Burja and Erik Torenberg discuss Alibaba after Jack Ma's exit and analyze the Chinese Economy. With 1.3 billion users and $135 billion in revenue, Alibaba is like China's version of PayPal, Amazon, and Walmart combined. Head to https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. __ RECOMMENDED PODCAST: Autopilot explores the adoption and rollout of AI in the industries that drive the economy and the dynamic founders bringing rapid change to slow-moving industries. From law, to hardware, to aviation, Will Summerlin interviews founders backed by Benchmark, Greylock, and more to learn how they're automating at the frontiers in entrenched industries. Listen on Spotify: https://open.spotify.com/show/6YQZkKHN7EP2yWedAvSxBC?si=18377c69a2804333 Listen on Apple: https://podcasts.apple.com/ca/podcast/autopilot-with-will-summerlin/id1738163836. __ This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at [email protected]. — SPONSOR: HARMONIC | BRAVE 🧲 Learn why Craft, Bedrock, NEA and 100s more trust Harmonic’s data to source deals. Harmonic is the most complete startup database, finding new companies as soon as they incorporate and tracking them through IPO. Head to https://bit.ly/harmonicturpentine and make sure to mention Turpentine VC during your demo. Get first-party targeting with Brave's private ad platform: cookieless and future proof ad formats for all your business needs. Performance meets privacy. Head to  https://brave.com/brave-ads/ and mention “MoZ” when signing up for a 25% discount on your first campaign. — LINKS: Samo’s Bismarck Brief: https://brief.bismarckanalysis.com/ — TIMESTAMPS: (00:00) Intro (00:28) What Happen to Alibaba after Jack Ma’s Departure (00:44) Alibaba: From Revolutionary to Incumbent (16:06) Sponsor: Brave | Turpentine (17:53) Jack Ma’s Influence (21:58) Who’s In Charge in China (25:39) Pushing Away Jack Ma (31:50) Losing the Economic Advantage (42:24) China’s Ambitions and Realities (47:56) Alibaba's Future (54:16) Wrap