• 11/30/2024

Alibaba said it scrapped its plan to spin off and list its cloud-computing division, citing the impact of U.S. curbs on the export of high-performance chips to China.

Wall Street Journal

Alibaba said it scrapped its plan to spin off and list its cloud-computing division, citing the impact of U.S. curbs on the export of high-performance chips to China.

https://www.wsj.com/tech/alibaba-scraps-cloud-unit-spinoff-citing-washingtons-chip-curbs-d1d9b903