Alibaba To Split Into Six Business Units With Plans For Future IPOs

Chinese e-commerce giant Alibaba has announced plans to split into six business units, leading shares to rally on investor optimism that the restructuring will spur more initial public offerings in the future.

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Alibaba To Split Into Six Business Units With Plans For Future IPOs
Chinese e-commerce giant Alibaba has announced plans to split into six business units, leading shares to rally on investor optimism that the restructuring will spur more initial public offerings in the future.

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