Chinese technology giant Alibaba is shaking up its corporate structure in a series of moves that will allow large pieces of its business to raise capital and potentially even go public.
That may not be a bad idea, when you consider that the conglomerate’s revenue rose a middling 2% in Q1 2023 and its profitability is trending downwards (operating income declined 9%) from a year earlier.
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Huge companies like Alibaba often don’t have many ways to ma
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