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37 results
Wall Street Journal23d
Alibaba Outlines IPO Plans as It Splits Into Six Groups
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 ...
CNBC17d
Alibaba to cut 7% of workforce in its cloud unit as it pursues IPO for the division
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.
The Financial Times22d
Alibaba kicks off unit IPOs as revenue growth weakens
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.
TechCrunch22d
Alibaba to spin off its cloud, AI and business messenger unit
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 ...
Reuters17d
Alibaba's cloud unit to cut 7% of staff in overhaul - source
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 ...
CNBC22d
Alibaba plans to list cloud division as quarterly revenue misses expectations
Alibaba revenue rose 2% year on year to hit 208.2 billion Chinese yuan ($29.6 billion) in the first quarterly earnings report issued since the company split into six units. This is the first full ...
scmp.com15d
Alibaba moves to quash job cuts speculation, pledging to hire 15,000 across its business in 2023
Alibaba, which owns the South China Morning Post, said its six units are planning to make a ... the company aims to reorganise its sprawling business into six independently-run entities, each ...
Reuters22d
Alibaba misses revenue estimate, approves cloud unit spinoff
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 ...
Seeking Alpha26d
Alibaba leads Chinese tech stocks higher, says 'huge' Taobao investments coming
In March, Alibaba (BABA) said it would split into six different units with a goal of boosting each group's individual business value, including its Taobao Tmall Business. Following the March ...
Yahoo Finance21d
Alibaba Makes Another Step Towards Unlocking Value
On May 18th, following Walmart (NYSE: WMT) who topped estimates due to resilient customers, Alibaba Group ... restructuring that split the company into six business units and also the first ...
Yahoo News22d
Alibaba to spin off its cloud, AI and business messenger unit
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 public ...
Yahoo Finance15d
Alibaba moves to quash job cuts speculation, pledging to hire 15,000 across its business in 2023
Alibaba, which owns the South China Morning Post, said its six units are planning to make a ... the company aims to reorganise its sprawling business into six independently-run entities, each ...

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