Tuesday 28 March 2023

Alibaba to Split Into 6 Units as China Vows to Ease Crackdown on Private Sector

Alibaba said the biggest restructuring in its 24-year history would see it split into six units - Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group and Digital Media and Entertainment Group.

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