Alibaba breakup shows global tech firms how to unlock value

Alibaba breakup shows global tech firms how to unlock value
(Image: Getty)
Bloomberg
By Jane Zhang, Zheping Huang, Henry Ren and Alice HuangAlibaba Group’s overhaul could serve as a template for a restructuring of 'China Tech' itself: a shake-up that achieves Beijing’s aim of carving up the country’s tech titans while unlocking potentially billions of dollars in pent-up shareholder value.China’s online commerce leader surprised markets by announcing Tuesday plans to split its US$220 billion (NZ$353b) empire into six units that will individually raise funds and explore initial public offerings (IP...

More Technology

New contender trying to dial into NZ’s smartphone market
Technology

New contender trying to dial into NZ’s smartphone market

Has a global Chinese company cracked the code to break NZ's loyalty?

Changes coming at the heart of Soul
Technology

Changes coming at the heart of Soul

What does it mean when founders step back during challenging times?

Ben Moore 23 Jul 2024
NZ-made autonomous vehicles make inroads in US
Technology

NZ-made autonomous vehicles make inroads in US

Two NZ robot companies have broken into the American market.

John Anthony 22 Jul 2024
Soul Machines founders step down as directors
Technology

Soul Machines founders step down as directors

The remaining two Soul Machines directors are overseas-based.

John Anthony 22 Jul 2024