Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs ... Alibaba in March said it plans to split itself into six independently run companies, effectively ...
Alibaba is cutting 7% of the workforce ... This comes after it announced plans in March to split the company into six business units each with their own chief executive and board of directors.
Seven weeks after Alibaba announced its historic restructuring plan to split itself into six independent companies, the juggernaut is gearing up to spin off its intelligence group. Alibaba went ...
The announcements come less than two months after Alibaba revealed its plan to split into six business units in a radical break-up that comes after Beijing’s crackdown on China’s tech giants.
Chinese stocks rose today on the belief that the Chinese government may soon inject more stimulus into the economy.
Investors harbored hopes that Alibaba’s March decision to split itself into six units might galvanize the market, enable the different operations to move more nimbly and fuel a share rebound.
The development is part of Alibaba's announcement earlier this year of plans to restructure into six units, following a two-year regulatory crackdown on China's tech sector. Alibaba's cloud ...
Alibaba revenue rose 2% year on year to hit 208.2 billion Chinese yuan ($29.6 billion) in the first quarterly earnings report issued since the company split into six units. This is the first full ...
Earlier this year, Alibaba announced plans to restructure into six units following a two-year regulatory crackdown on China's tech sector. It expects all of the units except for its China-facing e ...
Last week, Alibaba CEO Daniel Zhang had detailed the restructuring of its Cloud division. Earlier, the Chinese tech giant said it was planning to split the company into six business units ...
Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs ... Alibaba in March said it plans to split itself into six independently run companies, effectively ...
Seven weeks after Alibaba announced its historic restructuring plan to split itself into six independent companies, the juggernaut is gearing up to spin off its intelligence group. Alibaba went ...
