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Tag: Alibaba explores IPO

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Alibaba Announces Significant Reorganization: To Split Into 6 Units and Explore IPOs, Shares Rise 14% in U.S.

Alibaba, the Chinese e-commerce giant, has announced its most significant reorganization in its history, which includes splitting the company into six business groups, each with its own CEO and board of directors.

Posted on March 31, 2023April 1, 2023
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