How Alibaba's six business units performed before restructuring
Alibaba Group, the Chinese e-commerce giant, announced its biggest restructuring in its 24-year history, to create six business group
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Alibaba Group, the Chinese e-commerce giant, announced its biggest restructuring in its 24-year history, to create six business group
SHANGHAI - Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them, it said on Tuesday (March 28), in a major revamp as China vows to ease a sweeping regulatory crackdown and support its private enterprises. The US-listed shares of the Chinese e-commerce conglomerate, which have lost nearly 70 per cent of...
Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them.
Analysts said breakup could ease scrutiny over tech giant whose sprawling business has been a target of regulators
Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as China vows to ease a sweeping regulatory crackdown and support its private enterprises. The U.S.-listed shares of the Chinese e-commerce conglomerate, which have lost nearly 70% of their…