Alibaba wants to split international business

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3 January 2022 à 14h28

Updated on 9 May 2023 à 11h24

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1 minute

Publication: 3 January 2022 à 14h28, Updated on 9 May 2023 à 11h24

Reading time: 1 minute

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Publication

3 January 2022 à 14h28

Updated on 9 May 2023 à 11h24

Reading time

1 minute

Publication: 3 January 2022 à 14h28, Updated on 9 May 2023 à 11h24

Reading time: 1 minute

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Following the Q3 2021 results on November 18, Alibaba announced a separation of Chinese and international e-commerce businesses. A number of overseas subsidiaries, including Lazada, AliExpress and Alibaba.com will form a separate company.

In Q3, the group experienced “the slowest period of growth domestically,” according to C.E.O. Zhang Yong. The regulatory tightening in China and a falling share price caused the margin to plummet by 81%. From €3.9 billion in Q3 2020, it dr

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