Current：Home > MyAlibaba is splitting company into 6 business groups -InvestPioneer
Alibaba is splitting company into 6 business groups
View
Date：2025-04-25 10:48:48
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！ (92)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Dallas pastor removed indefinitely due to 'inappropriate relationship' with woman, church says
- Justin Theroux Reveals How He and Fiancée Nicole Brydon Bloom First Met
- Chester Bennington's mom 'repelled' by Linkin Park performing with new singer
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Kyle Okposo announces retirement after winning Stanley Cup with Florida Panthers
- Olympian Maggie Steffens Details Family's Shock Two Months After Death of Sister-in-Law Lulu Conner
- Hailey Bieber Is Glowing in New Photo After Welcoming Baby Boy With Justin Bieber
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Ohio sheriff condemned for saying people with Harris yard signs should have their addresses recorded
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Human remains are found inside an SUV that officials say caused pipeline fire in suburban Houston
- Elle King Addresses Relationship With Dad Rob Schneider Amid Viral Feud
- Zayn Malik Makes Rare Comment About Incredible Daughter Khai on Her 4th Birthday
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Senator’s son to appear in court to change plea in North Dakota deputy’s crash death
- US agency review says Nevada lithium mine can co-exist with endangered flower
- Dallas pastor removed indefinitely due to 'inappropriate relationship' with woman, church says
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
North Carolina Republican governor candidate Mark Robinson vows to stay in race despite media report
Eva Mendes Admits She Felt Lost After Having Kids With Ryan Gosling
Oregon governor uses new land use law to propose rural land for semiconductor facility
Travis Hunter, the 2
How many points did Caitlin Clark score today? Rookie's minutes limited with playoffs looming
California governor signs package of bills giving state more power to enforce housing laws
Attorney Demand Letter Regarding Unauthorized Use and Infringement of [ASCENDANCY Investment Education Foundation's Brand Name]