Here is what we know about the major shake-up.
Alibaba has said it will split its US$220 billion empire into six businesses: focusing on logistics, cloud computing, entertainment, e-commerce, and two others offering services to global businesses.
The company described the restructuring as the"most significant" organisational overhaul in its 24-year history. "By splitting up, Taobao actually becomes a little lighter and can cope with... new types of competition." Ma has kept a low profile since late 2020, when a speech he made attacking Chinese regulators was widely believed to have provoked Beijing into pulling a mammoth IPO by Alibaba's affiliate Ant Group.
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