Alibaba (BABA) Decides to Not Proceed with Cloud Intelligence Group Spin-off
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Alibaba Group Announces September Quarter 2023 Results
November 16, 2023 6:43 AM ESTHANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), Alibaba or Alibaba Group) today announced its financial results for the quarter ended September 30, 2023.
Alibaba Group delivered a solid quarter, marked by renewed momentum and energy across multiple businesses as a result of our strategic reorganization. As we embark on a new phase of development, we have clearly defined our strategic focus and priorities. We will maintain an entrepreneurial mindset. We are committed to investing for growth and making bold decisions where necessary. Through a more flexible organizational governance mechanism, we aim to... More
