Por: ABC News World September 26, 2023
HONG KONG -- Chinese e-commerce company Alibaba said Tuesday that it would spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong, making it the first business unit to go public following a major restructuring. Alibaba said in a filing that it had submitted a spin-off proposal to the Hong Kong Stock Exchange, and that it has received confirmation to proceed.Alibaba will continue to be a majority... + full article
ABC News USA Business September 26, 2023
HONG KONG -- Chinese e-commerce company Alibaba said Tuesday that it would spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong, making it the first business unit to go public following a major restructuring. Alibaba said in a... + más
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong | ABC News
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public | Associated Press
Associated Press USA Life May 18, 2023
HONG KONG (AP) — Alibaba plans to spin-off of its cloud computing business and said Thursday that its logistics and grocery units will explore initial public offerings as the Chinese e-commerce company kickstarts a restructuring of its operations in hopes of spurring... + más
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ABC News USA Business March 30, 2023
HONG KONG -- Top executives of Chinese e-commerce and financial giant Alibaba said Thursday that the company is moving toward giving up control of some of its business units in a transition toward becoming a capital operator to optimize the value of its sprawling businesses.... + más
China e-commerce giant Alibaba outlines future strategy | ABC News
ABC News USA Tech March 30, 2023
Associated Press USA Tech March 30, 2023
HONG KONG (AP) — Alibaba plans to spin off some of its as independent businesses to make them more flexible and maximize their value, its top executives said Thursday, as the company emerges from regulatory crackdowns that rattled Chinese tech industries.Alibaba CEO Daniel... + más
WPLG Local 10 USA Tech March 30, 2023
HONG KONG – Alibaba plans to spin off some of its as independent businesses to make them more flexible and maximize their value, its top executives said Thursday, as the company emerges from regulatory crackdowns that rattled Chinese tech industries.Alibaba CEO Daniel Zhang... + más
ABC News USA World March 30, 2023
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