Alibaba splits into six in biggest overhaul in 24 years

China’s e-commerce giant Alibaba has just announced the largest company restructuring since its inception, 24 years ago. The mega conglomerate is splitting into six new entities, in a bid to strengthen its foothold in the ever-evolving landscape of online commerce. The new entities include Alibaba Pictures Group, Cypress Technology Co, Alibaba Innovation Initiative, Alibaba Financial… Continue reading Alibaba splits into six in biggest overhaul in 24 years

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