Current：Home > ContactAlibaba is splitting company into 6 business groups -Golden Summit Finance
Alibaba is splitting company into 6 business groups
View
Date：2025-04-13 04:12:28
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！ (99)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- No. 3 Duke basketball loses to Caleb Love, No. 11 Arizona in top-15 showdown
- This Week in Nairobi, Nations Gather for a Third Round of Talks on an International Plastics Treaty, Focusing on Its Scope and Ambition
- VetsAid 2023 lineup, livestream info: How to watch Joe Walsh, Jeff Lynne's ELO, War on Drugs
- All That You Wanted to Know About She’s All That
- Anti-mining protesters in Panama say road blockades will be suspended for 12 hours on Monday
- Timothée Chalamet and Kylie Jenner Reunite at SNL After-Party After He Hosts Show
- Worried about AI hijacking your voice for a deepfake? This tool could help
- Trump wants to turn the clock on daylight saving time
- Poland’s newly elected parliament meets for the first time
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- Jury clears ex-Milwaukee officer in off-duty death at his home
- Winston Watkins Jr., five-star recruit for 2025, decommits from Deion Sanders, Colorado
- Thousands march through Amsterdam calling for climate action ahead of Dutch general election
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Nightengale's Notebook: What happened at MLB GM meetings ... besides everyone getting sick
- Protestors will demonstrate against world leaders, Israel-Hamas war as APEC comes to San Francisco
- Biden to meet with Chinese President Xi Jinping Nov. 15 in San Francisco Bay area
Recommendation
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Chip Kelly doesn't look like an offensive genius anymore. That puts UCLA atop Misery Index
Secret Service agents protecting Biden’s granddaughter open fire when 3 people try to break into SUV
No. 3 Duke basketball loses to Caleb Love, No. 11 Arizona in top-15 showdown
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
After massive fire closes Los Angeles interstate, motorists urged to take public transport
Pope Francis removes critic and firebrand Texas Bishop Joseph Strickland from diocese
Caitlin Clark becomes Iowa's all-time leader scorer as Hawkeyes defeat Northern Iowa, 94-53