Alibaba Group Holding Ltd said it plans split its business into six main units covering e-commerce, media and the cloud, adding that each will explore fundraising or initial public offerings.

Chinese e-commerce giant Alibaba has announced plans to split into six business units, leading shares to rally on investor optimism that the restructuring will spur more initial public offerings ...

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 ...

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 holding company management model that it dubbed "1+6+N", the biggest ...

Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs, pushing forward with a plan to unlock the value of its businesses. Alibaba in March said it plans to [split ...

Alibaba Group formed a new business group to integrate its domestic and overseas e-commerce platforms, in the company’s biggest restructuring move after it split into six divisions last year ...

In March 2023, Alibaba — a sprawling company that does everything from food delivery to cloud computing and movies — decided to split into six separate business groups, each with the ability ...

By Casey Hall, Roushni Nair and Rishav Chatterjee (Reuters) -Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the deal, as the ...

Alibaba split into six business units in 2023, in the biggest revamp of its 24-year history. Prior to this latest amalgamation of two of those groups, Group CEO Wu had also been CEO of the Taobao ...

Alibaba's U.S.-listed shares have quietly risen nearly 60% this year, adding more than $100 billion to the company's valuation. "China tech has awoken being led by Alibaba and investors globally ...

Alibaba 9988-2.27 % decrease; red down pointing triangle Group formed a new business group to integrate its domestic and overseas e-commerce platforms, in the company’s biggest restructuring ...

Alibaba Group formed a new business group to integrate its domestic and overseas e-commerce platforms, in the company's biggest restructuring move after it split into six divisions last year. The ...