Shares of Chinese e-commerce giant Alibaba are higher on Tuesday after the company announced it will split its business into six different units. The six units will include Cloud Intelligence ...

ALBAWABA - Alibaba revealed plans to split its empire, worth about $220 billion, into six units, Bloomberg reported on Tuesday. According to the Chinese company, five of the six units will ...

Ma, in a roughly one-page memo posted on the company’s internal forum, praised last year’s decision to overhaul the company and split Alibaba into six different business units. “We hacked ...

The post, made in an internal company forum, comes one year after Alibaba announced its decision to split into six units - the biggest shake-up in its 25-year history. It has had a tumultuous time ...

Alibaba announced plans to split into six main business units and pursue separate initial public offerings for most of them. However, the journey has been turbulent, marked by challenges such as ...

News of the restructuring comes one day after Alibaba founder Jack Ma was spotted at a primary school in Hangzhou, marking his first public appearance in mainland China in over a year. Chinese ...