Caixin
Jun 22, 2023 09:09 AM
CX DAILY

CX Daily: Alibaba Has Hurdles to Overcome Before Its Drastic Restructuring Pays Off

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In Depth: Alibaba has hurdles to overcome before its drastic restructuring pays off

Alibaba Group Holding Ltd.’s landmark overhaul — including a surprise CEO shakeup Tuesday — is a chance for the group to unlock growth potential from all corners of its empire. The plan to split into multiple units with a parent holding company, akin to Google’s restructuring under Alphabet Inc., is underway, but the next chapter for the Chinese e-commerce giant won’t be smooth sailing — each of its business units has hurdles to clear.

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