Alibaba group

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Alibaba Group Holding Limited, is a fantastic large Chinese multinational conglomerate holding company. Alibaba (阿里巴巴) specializes in online e-commerce, retail, Internet, and innovative technology. Alibaba wants to build the future successful infrastructure of commerce. The massive Chinese e-commerce giant Alibaba Group Holding (NYSE:BABA) stock has been growing well over the years. A major reason for drops in the stock has been the Coronavirus (COVID-19) pandemic that has been hurting…

Lazada's Layoffs Shake E-commerce Industry: What's Next?

#ecommerceindustrylayoffs #Lazadalayoffs

Lazada, the popular e-commerce platform owned by Alibaba Group, has recently implemented a series of layoffs across Southeast Asia. These measures are part of the company's ongoing efforts to optimize its operations and enhance efficiency in the region. Sources familiar with the situation have revealed that the layoffs have impacted employees in various departments, including marketing, human resources, and technology. While the exact number of employees affected has not been disclosed, it…

Alibaba's Smart Move: Full Ownership Boosts Logistics Success

#alibaba #businessstrategy #CainiaoNetwork #competition #delivery #Ecommerce #fullownership #HongKongstockexchange #integratedsolutions #investors #IPO #JD.com #logisticsunit #marketconditions #Pinduoduo #success #supplychainmanagement #warehousing

Alibaba Group Holding has made a significant decision regarding its logistics unit, Cainiao Network. The company has decided to abandon its plans for an initial public offering (IPO) and instead offer full ownership of Cainiao to its current shareholders. This change in strategy comes as Alibaba aims to better integrate the logistics unit with its other businesses. Cainiao, founded in 2013, is a prominent logistics company in China. It offers a range of services including warehousing…

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