Current：Home > MarketsAlibaba is splitting company into 6 business groups -VitalWealth Strategies
Alibaba is splitting company into 6 business groups
View
Date：2025-04-19 22:13:44
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！ (2)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- See the list of notable past total solar eclipses in the U.S. since 1778
- Jelly Roll's private plane makes emergency landing on way to CMT Awards: 'That was scary'
- Engine covering falls off Boeing plane, strikes wing flap during Southwest Airlines flight Denver takeoff
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Why Brandi Cyrus Says Mom Tish Cyrus Is in Her Unapologetic Era
- Tennesse hires Marshall's Kim Caldwell as new basketball coach in $3.75 million deal
- Driver flees after California solo car crash kills 9-year-old girl, critically injures 4 others
- Euphoria's Hunter Schafer Says Ex Dominic Fike Cheated on Her Before Breakup
- What Is Keith Urban’s Top Marriage Advice After 17 Years With Nicole Kidman? He Says…
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- In pivotal election year, 'SNL' should be great. It's only mid.
- Influencer Jackie Miller James Introduces Fans to Her Baby Girl Amid Aneurysm Recovery
- 'Quiet on Set' new episode: Former 'All That' actor Shane Lyons says Brian Peck made 'passes' at him
- Breaking debut in Olympics raises question: Are breakers artists or athletes?
- 2044 solar eclipse path: See where in US totality hits in next eclipse
- Tiera Kennedy Shares “Crazy” Experience Working With Beyoncé on Cowboy Carter
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Shuffleboard
Recommendation
Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
Weather is the hot topic as eclipse spectators stake out their spots in US, Mexico and Canada
Maryland Gov. Wes Moore says aggressive timeline to reopen channel after bridge collapse is realistic
UConn takes precautions to prevent a repeat of the vandalism that followed the 2023 title game
Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
Noah Cyrus Likes Liam Hemsworth's Gym Selfie Amid Family Rift Rumors
Jonathan Majors faces sentencing for assault conviction that derailed Marvel star’s career
A child is dead and 2 adults are hospitalized in a car crash with a semitruck in Idaho, police say