Alibaba bins listing for its Cainiao logistics limb
Already backed away from cloud spinout, now gradually breaking up with its own breakup plan
Off-Prem
27 Mar 2024 |
Alibaba's cloud division AliCloud has hopped into bed with with Apple manufacturer Foxconn, with the intention of creating a space to breed the next generation of companies to take over the world. The investment "incubator" is intended to nurture SME and "micro" businesses by giving them access to Alibaba's cloud computing …