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Alibaba Cancels Cloud Spin 11/16/23

Alibaba Cancels Cloud Spin 11/16/23

Alibaba has scrapped plans to spin off its cloud unit, blaming the U.S. restrictions on chip exports, on a week where all eyes are on China U.S. relations. What’s the real story for $BABA, for chip supply and how it impacts valuations right now.

TechCheck

November 16, 202320m 43s

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Show Notes

Alibaba has scrapped plans to spin off its cloud unit, blaming the U.S. restrictions on chip exports, on a week where all eyes are on China U.S. relations. What’s the real story for $BABA, for chip supply and how it impacts valuations right now.


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