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Alibaba may cede control of new businesses if they list after break-up

Chief executive Daniel Zhang said that while the split mirrored the lines of its existing business groups, the relationship between Alibaba and its units would change.

Hong-kong , China , Chinese , Chelsey-tam , Ant-group , Morning-star , Hong-kong-main-board ,

Once High-Flying Chinese Tech Giants Are Now Looking to Scale Back Costs

Alibaba and Tencent have felt the effects of a Covid-induced economic slowdown in China which is hitting areas from consumer spending to advertising budgets.

New-york , United-states , China , New-york-university , Chinese , Chelsey-tam , Martin-lau , Winston-ma , Ivan-su , James-mitchell , Toby-xu , Ma-huateng