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STOCK MARKET NEWS: Alibaba split, Lyft’s new CEO, SVB hearings, Walgreen’s, Micron reportInvestors will monitor the first Silicon Valley Bank hearing, Jack Ma’s Alibaba is restructuring, Lyft gets new CEO and Walgreen’s, Micron report. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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Alibaba to split into six units, explore IPOsAlibaba Group Holding Ltd is planning to split its business into six main units covering e-commerce, media and the cloud, the company said on Tuesday, adding that each of the units will explore fundraising or initial public offerings.
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Alibaba to split into 6 units and explore IPOs; shares pop 6%Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding and go public.
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Alibaba to Split Into Six Separate Groups in Biggest Shake-UpAlibaba plans to split into six independently run entities, the Chinese tech giant's biggest structural overhaul in its history
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Alibaba to split into six unitsAlibaba Group Holding Ltd said it plans split its business into six main units covering e-commerce, media and the cloud, adding that each of the units will explore fundraising or initial public offerings.
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Alibaba to split into 6 units and explore IPOs; shares pop 9%Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding and go public.
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