詠竹坊

Alibaba’s International Business Set for Growing Pains with Spinoff, Separate Listing

The e-commerce giant is reportedly talking with banks about a separate U.S. listing for its money-losing global e-commerce unit next year

This article only represents the author's own views.

Alibaba’s (BABA.US; 9988.HK) money-losing international e-commerce unit is getting a quick lesson in growing up.

Just weeks after the internet giant announced its biggest corporate restructuring since its founding, the company has reportedly initiated a process to spin off and separately list its offshore operations. Such a move, first reported by Bloomberg last week, would bring both advantages and challenges for a brave new company whose main assets would include Alibaba’s Southeast Asian Lazada service, as well as its AliExpress that connects global buyers with Chinese e-commerce merchants.

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