Alibaba’s global e-commerce unit, one of six that the Chinese giant will be splitting into, is in talks with banks about a potential initial public offering…
Alibaba’s global e-commerce unit, one of six that the Chinese giant will be splitting into, is in talks with banks about a potential initial public offering…
Alibaba said in its annual report that the two companies agreed to terminate their data sharing agreement on July 25, and will instead negotiate on a case-by-case basis. The move away from Ant comes after Alibaba experienced a difficult year, with stagnant revenue growth, capital market risks, as well as national security issues.