Alibaba split could serve as blueprint for other firms such as JD.com, Tansan, or Baidu to explore similar paths. Jack Ma was spotted back in China again after a year of like traveling or staying abroad. Beijing right now is pushing and saying that it wanted to support private enterprise to revive its economy.
Bloomberg News Equities Reporter Yiqin Shen discusses Alibaba's plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings. Dr. Iman Abuzeid, Co-Founder and CEO at Incredible Health, shares the details of the company's 4th annual State of Nursing Report. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Writer for Economics Shawn Donnan talk about Shawn's Businessweek Magazine story China Becomes Lender of Last Resort for Developing Countries. And we Drive to the Close Brian Allen, Director of Fixed-Income at CS McKee Asset Management.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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