Alibaba To Split Into 6 Companies, Pursue IPOs in Major Shakeup

Slashdot
By msmashMar 28, 2023, 10:00 am192 pts
Chinese e-commerce group Alibaba Group Holding will reorganize into six business groups and pursue public listings for five of them, in the most significant governance overhaul since the company was established 24 years ago. From a report: The company announced the move on Tuesday, a day after founder Jack Ma's…

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