Alibaba May Cede Control of Some Units in Split-Up Plan. Probably Not These Two. [MarketWatch]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: MarketWatch
at the Chinese technology group said in their first public remarks since announcing a plan to overhaul the company's structure One of China's largest and most important companies, Alibaba (ticker: BABA) this week revealed a plan to split itself into six semiautonomous units, five of which may seek third-party financing, spin offs, or initial public offerings. It's the largest restructuring ever for the group founded by Jack Ma in 1999, with important implications for shareholders as well as the wider Chinese tech sector. Without providing a timeline, Alibaba gave investors the first sense of what the future holds, including possibly handing over the reins to subsidiaries. In the short term, the group said it would focus on managing assets and capital rather than overseeing business operations at its units, representing the shift from conglomerate to holding company “Each business group company can pursue independent fundraising and IPOs as and when they are ready,” chief financi
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BABA
Earnings
- 5/18/23 - Beat
BABA
Sec Filings
- 5/18/23 - Form 6-K
- 5/18/23 - Form 6-K
- 5/15/23 - Form 13F-HR
- BABA's page on the SEC website