Alibaba to split into 6 companies, pursue IPOs in major shakeup

[DC1MC]

https://asia.nikkei.com/Business/Technology/Alibaba-to-split-into-6-companies-pursue-IPOs-in-major-shakeup

What will happen with Aliexpress ?!?!

[Black Phoenix]

https://asia.nikkei.com/Business/Technology/Alibaba-to-split-into-6-companies-pursue-IPOs-in-major-shakeup

What will happen with Aliexpress ?!?!

For the ones that can't read the story - https://archive.is/2bxUC

Regarding your question, absolutely nothing. It will be incorporated into the Taobao Tmall Commerce Group or (more probably) in the Global Digital Commerce Group.

EDIT - at the end of the article:

Jiang Fan will be the CEO of the Global Digital Commerce Group, which spans the Southeast Asian-focused Lazada, AliExpress, Trendyol, Daraz and Alibaba.com.

[thm_w]

"The six new groups will be: Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Service Group, Cainiao Smart Logistics, Global Digital Commerce Group and Digital Media and Entertainment Group."

I guess the selfish concern here is if Cainiao is its own company, expect shipping speeds and possibly lost items to increase.

[Black Phoenix]

I guess the selfish concern here is if Cainiao is its own company, expect shipping speeds and possibly lost items to increase.

Well I don't have a bad experience per se with them. Also with SF. The same can't be said about Deppon Express, UL Express or even the heavy market share Yunda Express.