Current：Home > StocksAlibaba is splitting company into 6 business groups -MacroWatch
Alibaba is splitting company into 6 business groups
View
Date：2025-04-27 13:40:00
Alibaba is separating 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.
- In:
- Alibaba
veryGood！ (171)
Related
- Intel's stock did something it hasn't done since 2022
- Pumpkin spice: Fall flavor permeates everything from pies to puppy treats
- Sara Foster Says She’s Cutting People Out Amid Tommy Haas Breakup Rumors
- Songwriter-producer The-Dream seeks dismissal of sexual assault lawsuit
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Songwriter-producer The-Dream seeks dismissal of sexual assault lawsuit
- Springtime Rain Crucial for Getting Wintertime Snowmelt to the Colorado River, Study Finds
- Landon Donovan named San Diego Wave FC interim coach
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Lawyers for plaintiffs in NCAA compensation case unload on opposition to deal
Ranking
- The Daily Money: Spending more on holiday travel?
- Phoenix police launch website detailing incidents included in scathing DOJ report
- ‘Shoot me up with a big one': A timeline of the last days of Matthew Perry
- Woman arrested at Indiana Applebee's after argument over 'All You Can Eat' deal: Police
- Arkansas State Police probe death of woman found after officer
- Georgia deputy killed in shooting during domestic dispute call by suspect who took his own life
- Premier League highlights: Arsenal and Liverpool win season's opening Saturday
- Taylor Swift shows off a new 'Midnights' bodysuit in Wembley
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Stunning change at Rutgers: Pat Hobbs out as athletics director
Democrats are dwindling in Wyoming. A primary election law further reduces their influence
Greenidge Sues New York State Environmental Regulators, Seeking to Continue Operating Its Dresden Power Plant
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
RFK Jr. wants the U.S. Treasury to buy $4M worth of Bitcoin. Here's why it might be a good idea.
The Aspen Institute Is Calling for a Systemic Approach to Climate Education at the University Level
Save Big at Banana Republic Factory With $12 Tanks, $25 Shorts & $35 Dresses, Plus up to 60% off Sitewide