Por: Los Angeles Times Business March 28, 2023
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. Shares of Alibaba Group Holding Ltd. jumped 8% at the opening bell. Alibaba Group Holding Ltd. 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,... + full article
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
CNBC USA Tech March 28, 2023
In this articleAlibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's growth could pick up through the rest of 2022.Kuang... + más
China tech giant Alibaba to split into six companies, pursue IPOs | New York Post
Alibaba to split itself into 6 business groups | ABC News
New York Post USA Tech March 28, 2023
Chinese e-commerce giant Alibaba said Tuesday it will reorganize its business into six separate companies — a sweeping overhaul unveiled as Beijing authorities show signs of easing their regulatory crackdown on the country’s tech sector. Alibaba’s action was announced just... + más
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