E-commerce giant Alibaba is splitting into six parts, hoping this should give it more agility and a new impetus. Coincidence or not, founder Jack Ma is also making a reappearance.
Easier to react
The six business groups will each get its own board of directors and its own financing possibilities. It should even be possible to go public separately. All the major businesses of the group will become separate companies, with Alibaba as the holding company.