Alibaba is cutting 7% of the workforce in its cloud computing division as the unit gears up for an initial public offering.
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 Group Holding Ltd is planning to split its business into six main units covering e-commerce, media and the cloud, the company said on Tuesday, adding that each of the units will explore ...
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 ...
The announcements come less than two months after Alibaba revealed its plan to split into six business units in a radical break-up that comes after Beijing’s crackdown on China’s tech giants.
Investors harbored hopes that Alibaba’s March decision to split itself into six units might galvanize the market, enable the different operations to move more nimbly and fuel a share rebound.
The development is part of Alibaba's announcement earlier this year of plans to restructure into six units, following a two-year regulatory crackdown on China's tech sector. Alibaba's cloud ...
Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company. The e-commerce titan's ...
Alibaba Group planned to split into six business groups and launch separate public listings, triggering mass layoff, ...
Earlier this year, Alibaba announced plans to restructure into six units following a two-year regulatory crackdown on China's tech sector. It expects all of the units except for its China-facing e ...
Alibaba Group disclosed plans to list its cloud business after lining up external financing, part of its first move to split ...
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 ...
