Chinese tech heavyweight Alibaba Group Holding Ltd announced on Tuesday it will split its business into six main units, the biggest restructuring in the company's 24 year history.

In 2014, Alibaba invested $692 million in the Hong Kong-listed Intime as part of its efforts to expand online-to-offline business. The sale move also came after Alibaba undertook a massive corporate ...

We have a limited workforce resource." The same issue becomes a factor in the consideration of another of the report's recommendations — possibly splitting Spratt into two units.

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