Why Alibaba Stock Rallied Despite China’s Regulatory Pressure?

Why Alibaba Stock Rallied Despite China’s Regulatory Pressure?

Alibaba is the largest e-commerce and cloud computing company in China, and it has been facing a lot of challenges lately, both from the Chinese government and from the slowing economy. But it has also been making some bold moves to shake things up and stay ahead of the competition. So let's dive into what happened with Alibaba stock in the past week and what it means for investors.


On July 1, Alibaba announced a major restructuring of its business units, aiming to streamline its operations and focus on its core strengths. The company said it will merge its e-commerce platforms Taobao and Tmall into one unit called Taobao Tmall, which will be led by Jiang Fan, a rising star in the company who is also in charge of Alibaba's international expansion.

The company will also create a new unit called Alibaba Cloud Intelligence, which will combine its cloud computing, data intelligence, and digital infrastructure businesses. This unit will be headed by Zhang Jianfeng, who is also the chief technology officer of Alibaba.

The company said these changes will help it "better align our businesses with our mission to make it easy to do business anywhere in the digital era." The restructuring also reflects Alibaba's ambition to become a global leader in cloud computing and artificial intelligence, as well as to fend off rivals like JD.com (NASDAQ: JD) and Pinduoduo (NASDAQ: PDD) in the e-commerce space.

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