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Alibaba's U-turn on cloud unit spin-off lops $20 bln off its market value

The drop, potentially its biggest one-day fall in more than a year, wiped about $20 billion off the Chinese tech giant's market value. ....

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Alibaba Group announces split of business into six units, eyes value unlocking

Each of the six business groups will be managed by its own CEO and board of directors and will retain the flexibility of seeking outside capital, Reuters reported. ....

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Alibaba reshuffles e-commerce teams amid competition, slowing growth

The Chinese e-commerce giant also names new CFO ....

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Alibaba's $2.8 Billion Mistake—What CFOs Should Know About Antitrust Regulations

Alibaba's $2.8 Billion Mistake—What CFOs Should Know About Antitrust Regulations
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Alibaba jumps 7% after report says Americans will not be banned from investing in the company

The Chinese-based e-commerce giant was under examination by State Department officials to be added to a Defense Department list of companies that supported China s military, intelligence, and security services. Americans can not invest in any companies that are added to the list.
Shares of Alibaba surged as much as 7% in Wednesday trades following the report. Tencent and Baidu also saw their stocks rise as it was revealed they also would not be added to the list.
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Chinese telecom companies like China Mobile and China Telecom were recently added to the list. The US-listed stocks of both companies were delisted by the New York Stock Exchange on Monday. ....

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