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In march 2023, Alibaba announced a new organizational structure "1+6+N". Under this plan Alibaba will have six businesses each to be independently managed by its own chief executive officer and ...
BEIJING (AP) — Foreigners who want to buy Alibaba Group shares in the Chinese e-commerce giant's U.S. public offering will need to get comfortable with an unusual business structure.
Alibaba Group is undergoing the most significant restructure in its 24-year history with plans to split the company into six groups, each of which will have its own leadership team and financial ...
Alibaba BABA reported strong June-quarter results, with revenue beating Refinitiv consensus by 4% and adjusted EBITA by 21% in the first quarter under the new organizational structure.
Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory ...
Alibaba (NYSE:BABA) and Wix.com (NASDAQ:WIX) announced on Wednesday that they have signed a deal aimed at boosting small and medium-sized businesses. Wix shares rose 0.9% in premarket trading ...
Alibaba Group Earnings Update Alibaba Group BABA reported strong June-quarter results, with revenue beating the Refinitiv consensus by 4% and adjusted EBITA by 21% during the company’s first ...