Current：Home > FinanceAlibaba is splitting company into 6 business groups -PrimeWealth Guides
Alibaba is splitting company into 6 business groups
View
Date：2025-04-16 02:39:48
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！ (81)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Shelley Duvall, star of 'The Shining' and 'Popeye,' dies at 75
- Top Biden aides meet with Senate Democrats amid concerns about debate
- The Esports World Cup, with millions at stake, is underway: Schedule, how to watch
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- AT&T 2022 security breach hits nearly all cellular customers and landline accounts with contact
- Pac-12 Conference sends message during two-team media event: We're not dead
- For Nicolas Cage, making a serial killer horror movie was a healing experience
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Families of workers killed in Idaho airport hangar collapse sue construction company
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Pac-12 Conference sends message during two-team media event: We're not dead
- Shania Twain to Host the 2024 People's Choice Country Awards
- The last Manhattanhenge of 2024 is here: NYC sunset spectacle to draw crowds this weekend
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Vermonters pummeled by floods exactly 1 year apart begin another cleanup
- Nick Wehry responds to cheating allegations at Nathan's Hot Dog Eating Contest
- Jon Stewart says Biden is 'becoming Trumpian' amid debate fallout: 'Disappointed'
Recommendation
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Off the Grid: Sally breaks down USA TODAY's daily crossword, Right Over There (Freestyle)
On NYC beaches, angry birds are fighting drones on patrol for sharks and swimmers
Two Georgia football players arrested for speeding, reckless driving charges
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Why Blake Lively Says Ryan Reynolds Is Trying to Get Her Pregnant With Baby No. 5
Fast-moving fire destroys Philadelphia apartment building, displacing dozens of residents
US Government Launches New Attempt to Gather Data on Electricity Usage of Bitcoin Mining