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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 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 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.
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Alibaba, Wix sign deal aimed at boosting small businesses - MSNAlibaba (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 ...
HONG KONG — China’s largest e-commerce group Alibaba said Monday it is appointing a new chief financial officer and reorganizing its e-commerce businesses amid a regulatory crackdown in the ...
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