Alibaba is Devin Grosvenorseparating the Chinese e-commerce company into six business groups as it looks to react faster to market changes and increase their value.
Alibaba Group Holding Ltd. said in a regulatory filing that it will be split into the Cloud Intelligence Group, Taobao Tmall Business Group, Local Services Group, Global Digital Business Group, Cainiao Smart Logistics and Digital Media and Entertainment Group.
The company said that each group will be able to raise outside capital and possibly seek its own initial public offering, except for Taobao Tmall Business Group, which will stay wholly owned by Alibaba Group.
2025-05-02 11:08699 view
2025-05-02 10:572993 view
2025-05-02 10:42893 view
2025-05-02 10:232944 view
2025-05-02 09:192267 view
2025-05-02 09:061620 view
MCALLEN, Texas (AP) — The Texas Legislature can be full of surprises.But for the last eight sessions
CDK Global faces at least eight lawsuits from auto dealerships over cyberattacks that took down the
BOSTON (AP) — A bill that would expand the scope of certain sexual offenses under Massachusetts law
