Chinese e-commerce giant Alibaba said it will soon start carving out its units via IPOs ... Alibaba in March said it plans to split itself into six independently run companies, effectively ...
Alibaba is cutting 7% of the workforce ... This comes after it announced plans in March to split the company into six business units each with their own chief executive and board of directors.
Seven weeks after Alibaba announced its historic restructuring plan to split itself into six independent companies, the juggernaut is gearing up to spin off its intelligence group. Alibaba went ...
Chinese stocks rose today on the belief that the Chinese government may soon inject more stimulus into the economy.
Alibaba Group planned to split into six business groups and launch separate public listings, triggering mass layoff, ...
Alibaba, which owns the South China Morning Post, said its six ... unit at some point in the next year through a “stock dividend distribution to shareholders”, turning its cloud business into ...
Chinese Internet giant Alibaba is cutting about 7 percent of its workforce. The company plans to have separate IPOs for ...
In its first earnings call following a restructuring prompted by regulatory pressures and investor expectations, Alibaba is ...
Alibaba has initiated a new round of layoff within its unit engaged on cloud service, and could cut about 7% of staff, as part of preparation for a spinoff and the following initial public offering ...
ER drop, Alibaba's stock is now as cheap as it was back at the October 2022 lows based. Find out why BABA stock is a buy.
Last week, Alibaba CEO Daniel Zhang had detailed the restructuring of its Cloud division. Earlier, the Chinese tech giant said it was planning to split the company into six business units ...