Jack Ma recently announced that he will split Alibaba group into 7 small companies. The 7 presidents of each operation will report directly to group founder Jack Ma. In fact, Alibaba group has undergone drastic changes in its corporate structure recently. In this issue we will list a timeline of changes for the e-commerce giant.
Other focuses in this issue:
-Latest data for china e-commerce market
- Roundup for the tide of online price war
- Can the WTO ruling disrupt china's online payment market?
- Tmall's great american courtship
- QQBuy's open platform goes steady
- The spate of hacking incidents for dangdang users
This report is issued by L'Atelier BNP Paribas
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2. Article from e-Commerce Insider, the monthly report monitoring market trends in China
Jack Ma recently announced that he will split Alibaba group into 7 small companies. The 7
presidents of each operation will report directly to group founder Jack Ma.
Jack Ma lead the changes in Alibaba
Alibaba raises $1.7 billion in the HK Stock Exchange, making it the 2nd biggest
Nov.2007
tech IPO at the time
Alipay equity is transferred to a Jack Ma-controlled company outside of Alibaba
Aug 2010
Group
July 2011 Taobao splits into 3 groups: Etao, Taobao Marketplace, and Tmall
May 2012 Alibaba buys back 20% stake from Yahoo for $7.1 billion
June 2012 Alibaba delists from the HK Stock Exchange
July 2012 Alibaba Group splits into 7 smaller companies
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