ARookie
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Is this good news or bad news?
Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding and go public.
It is the most significant reorganization in the Chinese e-commerce giant’s history.
Alibaba said in a statement that the move is “designed to unlock shareholder value and foster market competitiveness.”
Alibaba’s shares popped more than 14% in the U.S.
If you have any views, please le...
Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding and go public.
It is the most significant reorganization in the Chinese e-commerce giant’s history.
Alibaba said in a statement that the move is “designed to unlock shareholder value and foster market competitiveness.”
Alibaba’s shares popped more than 14% in the U.S.
If you have any views, please le...
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ARookie
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This may be a double green benefit. Green for the planet and green (money!) for your portfolio.
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