Alibaba to Split into 6 Business Groups Capable of Individual IPO as Company Prepares for Major Restructuring
Chinese e-commerce giant Alibaba has confirmed plans to split into smaller groups to allow each one pursue independent IPO.
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Chinese e-commerce giant Alibaba has confirmed plans to split into smaller groups to allow each one pursue independent IPO.
Alibaba Group said it will split into six different business groups. The announcement came a day after Jack Ma returned to China.
Worldwide retailer and e-commerce company Alibaba announced on Tuesday that it will be splitting its business into six distinct entities.
Purpose: The UAE has set an ambitious target to become one of the most sustainable countries in the world. In addition, the country's infrastructure is playing a pivotal role in terms of electric vehicle (EV) usability with regard to its roads, power generation capacity, availability of charging stations and the drive towards customer adoption. The readiness for EVs in the UAE is assessed in this study as part of its development towards its sustainable target. This research aims to study EV readiness among the UAE car users from a sustainability perspective. Design/methodology/approach: T...
Kenya’s push to actualise a smart city at the Konza Technopolis has gained momentum with the roll-out of four new projects.