Shares of Chinese e-commerce giant Alibaba are higher on Tuesday after the company announced it will split its business into six different units. The six units will include Cloud ...
Chinese e-commerce company Alibaba Group Holding on Tuesday posted a greater-than-expected decline in profit for the fourth ...
ALBAWABA - Alibaba revealed plans to split its empire, worth about $220 billion, into six units, Bloomberg reported on Tuesday. According to the Chinese company, five of the six units ...
The post, made in an internal company forum, comes one year after Alibaba announced its decision to split into six units - the biggest shake-up in its 25-year history. It has had a ...
Alibaba reorganised its businesses last March, dividing them into six units that would eventually raise their own capital and go public. It was thought that its cloud unit would be among the ...
Alibaba announced plans to split into six main business units and pursue separate initial public offerings for most of them. However, the journey has been turbulent, marked by challenges ...
Alibaba beat top-line estimates and showed positive results in its domestic e-Commerce business for the March quarter. Read ...
News of the restructuring comes one day after Alibaba founder Jack Ma was spotted at a primary school in Hangzhou, marking his first public appearance in mainland China in over a year. Chinese ...