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Alibaba to Divide its $220 Billion Business into Six Units to Explore IPOs

Alibaba to Divide its $220 Billion Business into Six Units to Explore IPOs
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Chinese trading giant reveals plan to restructure business and operations

Alibaba Group CEO Daniel Zhang has unveiled the Chinese retail giant's reform plan, which includes economic restructuring and a new initial public

Alibaba splits into six units, plans new IPOs in historic overhaul

The move frees up its main divisions to operate with far more autonomy. Read more at straitstimes.com.

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