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We are proactively transforming our organization through a new organizational and governance structure to strengthen the competitiveness of our businesses through greater independence to address the evolving needs of different customers and capture new opportunities.
Mar 28, 2023 · SHANGHAI, March 28 (Reuters) - Chinese e-commerce giant Alibaba Group (9988.HK), announced on Tuesday it will split into six business units, each with its own CEO and board of directors, and...
Jun 20, 2023 · The e-commerce giant had said in March it will split into six main business units, each with its own CEO and board, and adopt a holding company management model that it dubbed "1+6+N", the...
Mar 29, 2023 · Alibaba’s landmark restructuring has sent its shares soaring in New York and Hong Kong, as investors bet on the return of regulatory support for China’s tech industry and private businesses...
Mar 28, 2023 · Alibaba described the restructuring as the “most significant” organizational overhaul in its 24-year history. It said each unit would have its own chief executive and board of directors to...
In a letter to employees on Tuesday, Alibaba said it would reorganize its group of businesses into six independently run entities, namely Cloud Intelligence Group, e-commerce under Taobao-Tmall, Cainiao’s smart logistics operations, Local Services group, Global Digital Business Group, and the Digital Media and Entertainment Group.
Mar 29, 2023 · Alibaba Group will reorganise itself into six separate companies in what has been described as "the most significant governance overhaul" in the platform company's 24-year history.
