Alibaba to Split Into 6 Units as China Vows to Ease Crackdown on Private Sector

Alibaba said the biggest restructuring in its 24-year history would see it split into six units - Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group and Digital Media and Entertainment Group.

from Gadgets 360 https://ift.tt/s4LR7p0

Comments

Post a Comment

Popular posts from this blog

HBO Max will cost $14.99 per month and launch in May 2020

Image
AT&T and WarnerMedia just announced the pricing of their HBO Max streaming service, along with sharing more details about the timing and content lineup. The service will cost $14.99 per month — the same price as HBO Now. WarnerMedia also says it will be free for HBO Now subscribers and for viewers who subscribe to HBO via AT&T. And it will launch in May of next year. The announcement came at an event for investors and media, where HBO’s Casey Bloys also revealed that the network has greenlit a Game of Thrones spin-off called House of the Dragon , based on George R.R. Martin’s book of Westerosi history, Fire and Blood  (perhaps explaining why  a previously announced spin-off that was recently canceled ). The company also revealed that HBO Max will be the exclusive streaming home of South Park . Plus, Elizabeth Banks, Issa Rae and Mindy Kaling are all developing new shows for the service — and  Arrow and Riverdale producer Greg Berlanti announced that he’s working on the new
Read more