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   How many business units does Alibaba Group have?

   • 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 adopt a holding company management model, in the biggest revamp of its 24 year history.

   How Alibaba's six new business units stack up | Reuters

   www.reuters.com/markets/deals/how-alibabas-six-new-business-units-stack-up-2023-03-28/

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   Why did Alibaba's US shares close 14.3% higher?

   • Alibaba Group Holding Ltd. ’s US shares closed 14.3% higher after China’s online commerce leader announced plans to split its $220 billion empire into six business units, a major restructuring that promises to yield several initial public offerings.

   Alibaba Splits Into Six Units, Plans New IPOs in Historic Overhaul

   www.bloomberg.com/news/articles/2023-03-28/alibaba-splits-into-six-units-that-may-pursue-individual-ipos

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   Why is Alibaba splitting itself into six business groups?

   • Alibaba is splitting itself into six business groups as the Chinese e-commerce company attempts to become more nimble in reacting to changes in the market and increase the value of those units. Shares of Alibaba Group Holding Ltd. jumped 8% at the opening bell.

   Alibaba to split itself into 6 business groups

   www.latimes.com/business/story/2023-03-28/alibaba-split-6-business-groups

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   Will Alibaba reshape its e-commerce business?

   • Alibaba on Tuesday said it plans to split its business into six separate units, in a move that promises to radically reshape the sprawling Chinese e-commerce firm that Jack Ma founded nearly 25 years ago. Each new business unit will be overseen by its own chief executive and board of directors, the company said.

   Alibaba will split into six units, reshaping Jack Ma’s business ... - CNN

   www.cnn.com/2023/03/28/tech/alibaba-restructuring-ipos/index.html

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2. www.reuters.com › markets › dealsHow Alibaba's six new business units stack up | Reuters

   www.reuters.com › markets › deals

   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,...

3. www.latimes.com › business › storyAlibaba to split itself into 6 business groups - Los Angeles ...

   www.latimes.com › business › story

   Mar 28, 2023 · Alibaba is splitting itself into six business groups as the Chinese e-commerce company attempts to become more nimble in reacting to changes in the market and increase the value of those units.

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5. www.nytimes.com › 2023/03/28 › businessAlibaba, China’s E-Commerce Giant, Will Split Into 6 Units

   www.nytimes.com › 2023/03/28 › business

   Mar 28, 2023 · Only its China e-commerce unit, Taobao Tmall Commerce Group, will remain a wholly owned Alibaba entity. Alibaba’s U.S.-listed shares rose more than 14 percent on Tuesday.

6. www.scmp.com › tech › big-techAlibaba to overhaul China’s biggest tech conglomerate into 6 ...

   www.scmp.com › tech › big-tech

   • Cached

   Mar 28, 2023 · The company will reorganise its businesses into six independently run entities: Cloud Intelligence Group, e-commerce under Taobao -Tmall, Cainiao’s smart logistics operations, Local Services...

7. edition.cnn.com › 2023/03/29 › economyAlibaba’s restructuring and Jack Ma’s homecoming are all part ...

   edition.cnn.com › 2023/03/29 › economy

   • Cached

   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...

8. www.bloomberg.com › news › articlesAlibaba Splits Into Six Units, Plans New IPOs in Historic ...

   www.bloomberg.com › news › articles

   • Cached

   Mar 28, 2023 · Alibaba Group Holding Ltd. ’s US shares closed 14.3% higher after China’s online commerce leader announced plans to split its $220 billion empire into six business units, a major restructuring...

9. www.cnn.com › 2023/03/28 › techAlibaba will split into six units, reshaping Jack Ma’s ...

   www.cnn.com › 2023/03/28 › tech

   • Cached

   Mar 28, 2023 · Alibaba on Tuesday said it plans to split its business into six separate units, in a move that promises to radically reshape the sprawling Chinese e-commerce firm that Jack Ma founded nearly...