Alibaba Will Split Into 6 Business Units. Is This Bad?

By Neil Rozenbaum – Mar 28, 2023 at 12:00PM

NYSE: BABA

Alibaba Group

Market Cap

$180B

Today's Change

(2.92%) $2.12

Current Price

$74.63

Price as of April 24, 2024, 4:00 p.m. ET

This could accelerate growth across the board.

In this video, I will talk about Alibaba's (BABA 2.92%) decision to split into six business units and why it makes sense.

*Stock prices used were from the trading day of March 27, 2023. The video was published on March 28, 2023.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.