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Alibaba's six-way split, Disney cuts its metaverse team, Substack's raise & more | E1708
This Week in Startups
Alibaba's Breakup Into Six Companies
According to the Wall Street Journal, it's actually splitting up into the following six. And all six of these will have their own CEO reporting Alibaba CEO Daniel Zhang. Xi Jinping, as we know, became ruler for life. He's the god king of China now until he passes on and he's secured power.
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