$Alibaba(BABA)$ 's important growth engine is Alibaba cloud which is led directly by the ceo. I was recently invited to their isv meeting and found this interesting Senior exec sharing on their current strategy Some think that being partner centric and customer centric are essentially the same but it is a bit different as partner centric is more of a strategy used at a earlier part of the business where one is more reliant on partners for insight and development, whether this will result on additional growth will depend on its network etc. $Amazon.com(AMZN)$ In earlier years Amz also deployed a more significant partnership strategy, this is still definitely ptesent, but less
Are Bullish on Alibaba Cloud Unit Spinoff?
Alibaba Group chairman and CEO said the cloud business, one of the company’s most important growth engines, will be listed in 12 months. ------ How will the spinoff of cloud unit and possible IPOs of Cainiao and Freshhippo affect Alibaba's share price? Will you bottom Alibaba after it fell to $85 yesterday?
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