Alibaba combines its e-commerce platforms in bid to tackle growing competition [Globe and Mail, The (Toronto, Canada)]
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: Globe and Mail, The
Alibaba Group BABA-N decrease will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company said in a stock exchange filing on Thursday. The Alibaba E-commerce Business Group, as the unit will be called, brings together the Taobao and Tmall Group and the Alibaba International Digital Commerce (AIDC) Group. AIDC groups cross-border player AliExpress, wholesale B2B site Alibaba.com and other regional platforms operating in different parts of the world, from Southeast Asia to Turkey. Its chief, Jiang Fan, a former head of Tmall demoted in 2020 after an online scandal, has been tapped to lead the new unit, reporting to Alibaba Group Chief Executive Eddie Wu. Wu announced the new business unit in a letter to employees posted on Alibaba's intranet. “The e-commerce industry in China and around the world is entering a new era, and the global supply chain capabilities, fulfillment capabiliti
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BABA
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- 11/15/24 - Beat
BABA
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- 11/21/24 - Form 6-K
- 11/20/24 - Form 6-K
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- BABA's page on the SEC website