Ali Baba is going to split the whole business unit and empire into six individual units, including e-commerce, cloud, and also media. And it potentially pays the road for them to raise funds and eventually explore the IPOs of individual units. It's more than unlock value because analysts and investors are telling me they see it as a wing-wing situation for Ali Baba and Beijing.
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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