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2. Alibaba scraps cloud business spin-off citing US chip ... - AOL

   www.aol.com/news/chinas-alibaba-scrap-cloud-unit...

   (Reuters) -Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications. The U.S ...

3. A series of bad news stories—including an abandoned cloud ...

   www.aol.com/finance/series-bad-news-stories...

   The plunge in share prices followed a series of bad news stories for the e-commerce company, prime among which was a big reversal in corporate strategy. Alibaba is shelving its plans to spin-off ...

4. Alibaba shares plunge as much as 10% after canceling ... - AOL

   www.aol.com/news/alibaba-shares-plunge-much-10...

   Shares of Chinese e-commerce firm Alibaba Group Holding plunged as much as 10% in New York after it said Thursday that plans to spin off its cloud business were scrapped, citing uncertainties due ...

5. Chip war nixes Alibaba’s plan to spin out cloud business - AOL

   www.aol.com/chip-war-nixes-alibaba-plan...

   Alibaba has called off plans to spin off its cloud computing arm, saying recent tightening of US controls on chip exports to China has created “uncertainties” for the division’s prospects.

6. Alibaba's Monetization Strategy Gains Momentum, But GMV ... - AOL

   www.aol.com/alibabas-monetization-strategy-gains...

   Benchmark analyst Fawne Jiang maintained a Buy rating on Alibaba Group Holding (NYSE:BABA) with a price target of $118. Jiang remarked that Alibaba’s latest earnings report was a mixed bag ...

7. Alibaba to buy Cainiao stake for up to $3.75 billion as it ...

   www.aol.com/news/alibaba-dumps-logistics-arm-ipo...

   (Reuters) -Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the ...