Amid Economic Challenges, China’s Alibaba Group Puts a Stop to Cloud Unit Spin-Off Plans
Alibaba Group Holding, one of China's largest companies, has decided to halt its plans for a full spin-off of its cloud computing division. This decision comes as the company announced a 9% increase in revenue for the September quarter, which is a significant moment for the Chinese e-commerce giant under its new leadership. Challenges posed by […]
Amid Economic Challenges, China’s Alibaba Group Puts a Stop to Cloud Unit Spin-Off Plans Read More »