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Alibaba to split into 6 groups, separate IPOs expected
Alibaba to split into 6 groups, separate IPOs expected
Business and Economy
by  AFP

Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date. The Hangzhou-based firm is one of China's most prominent tech giants, with business operations spanning cloud computing, e-commerce, logistics, media and entertainment, and artificial intelligence.