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ALIBABA SPLIT
China's Alibaba says to sell department store arm for $1.3 billion lossAlibaba is selling its department store chain, Intime, at a $1.3 billion loss due to increased competition in China's ecommerce market. The...- Alibaba dumps logistics arm IPO; to buy rest of Cainiao stake for up to $3.8 billionAlibaba's Cainiao withdrew IPO in Hong Kong. Alibaba plans $3.75B stock buyout. Minority shareholders offered $0.62/share sale. Reported by...
- Jack Ma bought Alibaba shares worth $50 million in fourth quarter: ReportAlibaba co-founder Jack Ma and Chairman Joe Tsai bought millions worth of shares in the Chinese e-commerce giant in the fourth quarter, the...
- Alibaba's research arm shuts quantum computing lab amid restructuringA spokesperson for Alibaba's DAMO Academy, Alibaba's in-house research initiative which included the lab, said the academy would continue t...
- Belgian intelligence service monitors Alibaba hub over 'espionage' worry: reportAlibaba signed an agreement with the Belgium government in 2018 to open an ecommerce trade hub, run by its logistics arm Cainiao, that woul...
- Alibaba will spin off its logistics arm Cainiao in an IPO in Hong KongAlibaba said in a filing that it had submitted a spin-off proposal to the Hong Kong Stock Exchange, and that it has received confirmation t...
- How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
- Alibaba's grocery unit IPO put on ice amid disappointing valuation: reportThe Chinese technology conglomerate has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower th...
- Alibaba's DingTalk will split from Cloud business groupThe sources could not confirm the exact timing of the split and also did not confirm news reported by Chinese media outlet Caixin on Wednes...
- Alibaba's cloud arm may slash 7% staff in overhaulChina's largest cloud service has begun offering severance to employees or transfers to other parts of the Alibaba empire, a source said. T...
- Alibaba logistics arm eyes up to $2 billion Hong Kong IPO: ReportsCainiao Network Technology's initial public offering (IPO) plan comes after Alibaba flagged in late March it would split its business into ...
- Alibaba’s global online commerce arm weighs a US IPOGlobal online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.
- Instant view: Alibaba to split into six units"When you get to a certain size and have multiple different disciplines inside your business model, it's hard to have ascribed the value th...
- China ecommerce giant Alibaba outlines future strategyAlibaba chief executive Daniel Zhang outlined details of a plan announced earlier this week to split Alibaba into six main groups as a prel...
- Alibaba is splitting its business empire into 6 units. Here's how they stack upChinese e-commerce giant Alibaba Group announced on Tuesday it will split into six business units, each with its own CEO and board of direc...
- Alibaba's overhaul: a 'smart' move after China crackdownAlibaba has said it will split its $220 billion empire into six businesses: focusing on logistics, cloud computing, entertainment, e-commer...
- Alibaba's breakup plan lifts hopes China's tech crackdown is endingAlibaba said on Tuesday it was planning to split into six units and explore fundraisings or listings for most of them, in the biggest restr...
- After the split, here's how Alibaba's six new business units stack upThe company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possib...
- Alibaba puts Rs 224 crore in FirstCry’s logistics armThis financing underscores Alibaba’s attempt to create a robust global logistics network, which can bolster the growth of ecommerce.
- Yahoo's new path murky after Alibaba splitIt's do-or-die time for Yahoo and Marissa Mayer. After cutting the cord with China's Alibaba, the high-profile Yahoo chief executive faces ...
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