Alibaba drafts breakup blueprint for China tech | Reuters
www.reuters.com
Alibaba’s , biggest overhaul in over two decades might prove contagious. China’s e-commerce group is splitting into six units, some of which may then be listed or sold. That should unlock value for weary shareholders, and please regulators and politicians keen to control strategic businesses. Other tech giants like Tencent may follow.
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listed 13 hours ago in European Media Monitor - Artificial Intelligence