A Look Into Alibaba Gr Hldgs Inc's Price Over Earnings - Alibaba Gr Hldgs (NYSE:BABA)

A Look Into Alibaba Gr Hldgs Inc's Price Over Earnings - Alibaba Gr Hldgs (NYSE:BABA)

Alibaba merges Ele.me, Fliggy into e-commerce unit in strategic shift · TechNode

Alibaba Group has merged its food delivery platform Ele.me and travel unit Fliggy into its China e-commerce division as part of a shift from a traditional e-commerce model to a broader consumer services platform, CEO Eddie Wu said in a June 23 internal email. The units will retain independent operations but align strategically under e-commerce CEO Jiang Fan. Ele.me’s Wu Zeming and Fliggy’s Zhuang Zhuoran will continue to lead their respective te…

Alibaba restructures as Ele.me and Fliggy join Taobao and Tmall

A little over 2 years ago, Alibaba was split into what it called “1+6+N” (meaning that the 1 Alibaba Group was divided into 6 business groups and multiple smaller businesses) in an extraordinary restructuring. Now, it would seem the split has been partially reversed as the tech giant announced that the e-commerce-centric Taobao and Tmall Group will absorb the food delivery platform Ele.me and travel platform Fliggy, both from the Local Life Grou…