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HomeEconomicInterviewIn Depth: Alibaba Has Hurdles to Overcome Before Its Drastic Restructuring Pays...

In Depth: Alibaba Has Hurdles to Overcome Before Its Drastic Restructuring Pays Off

16882884312180 The tech giant’s split into six units is a chance for the group to unlock growth potential, but each business has outstanding issues, from slumping revenue to shrinking market share

Alibaba Group Holding Ltd.’s landmark overhaul — including a surprise CEO shakeup on Tuesday — is a chance for the group to unlock growth potential from all corners of its empire. The plan to split into multiple units with a parent holding company, akin to Google’s restructuring under Alphabet Inc., is underway, but the next chapter for the Chinese e-commerce giant won’t be smooth sailing — each of its business units has hurdles to clear……………..

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https://en.caixin.com/2023-06-21/102069199.html

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