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Alibaba on Tuesday said it plans to split its business into six separate units, in a move that promises to radically reshape the sprawling Chinese e-commerce firm that Jack Ma founded nearly 25 ...
By Daisuke Wakabayashi China’s Alibaba Group said on Tuesday that it would become a holding company with six different business ... quicker decision-making. The units will be allowed to seek ...
Alibaba is splitting itself into six business groups as the Chinese e-commerce company attempts to become more nimble in reacting to changes in the market and increase the value of those units.
Nov 16 (Reuters) - China's Alibaba Group (9988.HK), opens ... The e-commerce giant had said in March it will split into six main business units, each with its own CEO and board, and adopt a ...
Alibaba Group has announced plans to split its business into six separate units, as China prepares to ease regulation and raise support for the private sector. Alibaba Group is a Chinese ...
According to a plan announced in March, Alibaba will split into six separate units, including cloud, e-commerce, logistics, media and entertainment. Each unit will be overseen by its own CEO and ...
Alibaba Group Holding’s recent decision to split its US$257 billion business empire into six independently-run units has been largely welcomed by investors, but internally, some employees are ...
In March 2023, Alibaba announced its biggest restructuring since Ma founded the company. It was split into six separate units, including cloud, e-commerce, logistics, media and entertainment ...