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Alibaba's shocking reversal: Abandons $11 billion cloud spinoff - BizNews.com

Retrieved on: 2023-11-17 17:48:47

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Alibaba's shocking reversal: Abandons $11 billion cloud spinoff - BizNews.com. View article details on HISWAI: https://www.biznews.com/global-investing/2023/11/17/alibabas-reversal-abandons-11-billion-cloud-spinoff

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... Alibaba Group Holding Ltd. walked back plans to spin off and list its $11 billion cloud business. Chairman Joseph Tsai and Chief Executive Officer ...

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