Efficient Promotion of Alibaba's Reform: Multi business Launch Financing and Listing Plan
On the evening of May 18th, Alibaba Group announced in its Q4 and full year financial reports for the 2023 fiscal year that the reform plan launched at the end of March is rapidly and efficiently advancing: Alibaba Cloud will move from a complete separation and independence of Alibaba Group to a public listing, Cainiao and Hema will launch the listing plan, Alibaba International Digital Business Group will start external financing, and the six major business groups will officially establish a board of directors.According to Alibaba's financial report, the board of directors of Alibaba Group has approved the launch of Cainiao Group's listing plan, which is expected to be completed within the next 12 to 18 months; The approval process for Hema's launch is expected to be completed within the next 6 to 12 months
On the evening of May 18th, Alibaba Group announced in its Q4 and full year financial reports for the 2023 fiscal year that the reform plan launched at the end of March is rapidly and efficiently advancing: Alibaba Cloud will move from a complete separation and independence of Alibaba Group to a public listing, Cainiao and Hema will launch the listing plan, Alibaba International Digital Business Group will start external financing, and the six major business groups will officially establish a board of directors.
According to Alibaba's financial report, the board of directors of Alibaba Group has approved the launch of Cainiao Group's listing plan, which is expected to be completed within the next 12 to 18 months; The approval process for Hema's launch is expected to be completed within the next 6 to 12 months.
Tag: Efficient Promotion of Alibaba Reform Multi business Launch Financing
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