
[Caixin Global] Alibaba has hurdles to overcome before its drastic restructuring pays off
China Stories
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Alibaba's Reshuffle Could Boost Market Sentiment Ahead of the Spin-Offs
Alibaba co-founders Tai, Wu, Wang and Pung are members under the Alibaba partnership. Their return could help boost market sentiment ahead of the spin-offs as they are familiar names for investors. The revamp comes at the tail end of a sweeping government crackdown on the technology sector in which Alibaba was fined $18.2 billion.
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