- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Alibaba Group said in a regulatory filing Tuesday that the six new groups will be made up of the Cloud Intelligence Group, Taobao Tmall Business Group, Local Services Group, Global Digital Business Group, Cainiao Smart Logistics and Digital Media and Entertainment Group.apnews.com/article/alibaba-ipo-taobao-cainiao-cap…The six business groups of Alibaba are Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics, Global Digital Commerce Group, and Digital Media and Entertainment Group.techcrunch.com/2023/03/28/alibaba-splits-into-six-i…Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding and go public. It is the most significant reorganization in the Chinese e-commerce giant’s history. Alibaba said in a statement that the move is “designed to unlock shareholder value and foster market competitiveness.”www.cnbc.com/2023/03/28/alibaba-says-it-will-spli…Alibaba said the biggest restructuring in its 24-year history would see it split into six units: Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group and Digital Media and Entertainment Group.www.voanews.com/a/china-s-alibaba-to-break-up-…Alibaba 's (BABA -0.93%) stock surged 14% on March 28 after the Chinese e-commerce and tech giant announced that it would split its business into six new groups: Cloud Intelligence, Taobao Tmall Commerce, Local Services, Cainiao Smart Logistics, Global Digital Commerce, and the Digital Media and Entertainment Group.www.fool.com/investing/2023/03/31/will-alibabas-hi…
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