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Alibaba Splits Into Six Units That May Pursue Individual IPOs

Bloomberg2023-03-28

Alibaba Group Holding Ltd. plans to split its $220 billion business into six main units encompassing e-commerce, media and the cloud, each of which will explore fundraising or initial public offerings...

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Comment5

  • Rinn Chan
    ·2023-04-02
    Nice
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  • hphoa
    ·2023-03-28
    Well done baba
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  • kong1509
    ·2023-03-28
    Ok
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  • Yeahyeah
    ·2023-03-28
    So is this good? 
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    • Bloomberg Markets
      Yea extremely bullish. This allows Alibaba to be more focus on all their core business and grow even faster. Also during bad days like 2021, damage will be limited after the splitting,
      2023-03-28
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  • Kk66
    ·2023-03-28
    Ok
    Reply
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