Jack Ma is showing his support for the company with a show of praise

Alibaba founder Jack Ma is pleased with the company's turnaround so far. Wall Street is more cautious about the company. Alibaba shares got a boost last week from news Ma is happy with the turnaround. Jack Ma: "I'm happy with what I've done so far. I'm not happy with it"

Share of Alibaba (BABA) are gaining Wednesday after receiving a vote of confidence from the company's co-founder, Jack Ma. Ma has voiced his support for the current leadership, stating that the company is returning to "the highest levels of efficiency" Alibaba is undergoing a major restructuring effort.

Alibaba underwent a historic re-organization and sweeping management changes in the past year. Founder Jack Ma re-emerges with praise of Chinese giant's 'transformations' Alibaba shares jump after founder Jack Ma's praise of 'transformational' Chinese tech giant. Alibaba is trying to return to growth in a bid to return the Chinese technology giant to growth.

Alibaba CEO Jack Ma says Alibaba has made 'countless mistakes' in the past. Ma praises the company's leaders for their bravery in overhauling the business. Ma is one of China’s wealthiest people and one of the world’�s richest people.

Alibaba co-founder Jack Ma has penned a lengthy memo to employees that expresses support for the internet giant's restructuring efforts. The post, made in an internal company forum, comes one year after Alibaba announced its decision to split into six units. Alibaba's Hong Kong-listed shares surged 5% after the post.