Its Time To Say Goodbye To Alibaba

Today we will be talking about Alibaba’s split into 6 new companies, why investors are excited about the breakup and how Alibaba’s breakup into 6 new companies benefits them.
As you’ve already heard by now.
Alibaba will be split into six different companies. Some will be focused on e-commerce, others will be focused on cloud offerings.
The news comes after Jack Ma has been spotted in public after spending a long time outside of china. Alibaba’s breakup might be the most important overhaul in the platform's 24 year history.
After the split. Each of the six companies will have their own IPO so they can raise money from investors.
As for what the six companies will be. Both the names of those companies and their respective CEO's have already been decided.
Here are the 6 new companies Alibaba's split will create.
They are the cloud intelligence group which will take over Alibaba’s cloud and artificial intelligence operations.
Then we have their local services ground which will run ELE.me, Alibaba’s food delivery arm that has roughly 30% market share of all food delivery services in china.
Alibaba’s logistics arm will be spun off into a new company called Cainiao smart logistics.
The Global digital commerce group will house Alibaba’s international businesses, mainly online shopping websites, Alibaba setup in other countries to take over local markets.
Alibaba’s streaming segment will be spun off into the digital media and entertainment group which will own China's version of YouTube, Youku and its film production unit.
Finally, The Taobao Tmall Commerce group will be responsible for Alibaba's B2C segment. They will be managing China's online shopping websites, Tmall and Taobao.
This 6th company is interesting, Taobao and Tmall commerce group is the only company out of the 6, that will be completely owned by Alibaba group.
The rest of 5 new companies will be allowed to raise capital from outside investors and even file for their own IPO’s if they want.
Alibaba’s company breakup is a relief to many investors.
Since 2020, Alibaba's stock price has been on a downward trend. We all know how Jack Ma’s remarks angered China's government. Their Ant IPO was forcibly cancelled. The subsequent crackdown on tech companies makes it difficult to do business. Regulation unfavorable to large companies in China took hold. It was a nightmare. Alibaba took the worst hit. 600 billion dollars were wiped from their Alibaba shares.
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