Alibaba is cutting 7% of the workforce in its cloud computing division as the unit gears up for an initial public offering.
Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs ... Alibaba in March said it plans to split itself into six independently run companies, effectively ...
Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company. The e-commerce titan's ...
Alibaba Group planned to split into six business groups and launch separate public listings, triggering mass layoff, ...
Seven weeks after Alibaba announced its historic restructuring plan to split itself into six independent companies, the juggernaut is gearing up to spin off its intelligence group. Alibaba went ...
The development is part of Alibaba's announcement earlier this year of plans to restructure into six units, following a two-year regulatory crackdown on China's tech sector. Alibaba's cloud ...
The announcements come less than two months after Alibaba revealed its plan to split into six business units in a radical break-up that comes after Beijing’s crackdown on China’s tech giants.
Alibaba Group disclosed plans to list its cloud business after lining up external financing, part of its first move to split ...
(Reuters) - China's Alibaba Group Holding Ltd posted a 2% rise in quarterly revenue that missed expectations on Thursday and said it would list its cloud computing business in the next year.
Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs ... Alibaba in March said it plans to split itself into six independently run companies, effectively ...
The development is part of Alibaba's announcement earlier this year of plans to restructure into six units, following a two-year regulatory crackdown on China's tech sector. Alibaba's cloud ...
