When is alibaba going to split

        1. When is alibaba going to split

          2. Alibaba international digital commerce group

        2. Alibaba international digital commerce group
        3. Alibaba stock split
        4. Alibaba 1+6+n
        5. Alibaba Group Holding Ltd said it plans split its business into six main units covering e-commerce, media and the cloud, adding that each.
        6. Alibaba will split into six divisions—each with their own CEO and board of directors—and it plans to pursue listings or fundraise for most of.

          7. Alibaba 1+6+n.

          Alibaba: China tech giant shares jump after breakup plan announced

          Annabelle Liang

          Business reporter

          Reuters

          Shares of Chinese technology giant Alibaba have jumped after it announced a plan to break up the company.

          The firm says five of the six units created by the move will explore raising fresh funding and initial public offering (IPO) options.

          Alibaba shares gained more than 14% in New York on Tuesday and were more than 13% higher in Hong Kong on Wednesday.

          Its US-listed shares have fallen by almost 70% since 2020 on concerns over Beijing's crackdown on the tech sector.

          The move comes after reports that Alibaba founder Jack Ma, who has rarely been seen in public in the last three years, resurfaced in China this week after a long absence.

          Alibaba said the decision to split up the business is the biggest restructuring in its 24-year history.

          The units will have their own chief executives and boards of directors.

          They will be allowed to raise capital and seek stock market listings, except for the online retail platform Taobao Tmall Commerce Group,