Thursday 30 March 2023

Alibaba to Monetise Non-Core Assets, Decide on Control of New Business Units After Breakup

Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70 percent off its shares.

from Gadgets 360 https://ift.tt/prVD0Gh

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