Alibaba split its conglomerate into six independently managed units, establishing a dedicated Digital Media and Entertainment Group, as Google Cloud open-sourced its production rendering software and introduced a new …

Alibaba's restructuring separates its core e-commerce operations from entities like film studio Alibaba Pictures and video streamer Youku. Fan Luyuan will lead the new entertainment unit as CEO. Meanwhile, Google Clou…

Alibaba Group Holding announced its intent to divide into six distinct business groups, each with its own CEO and board. This move echoes Google's 2015 reorganization into Alphabet. The stated goal is to empower each …

The Digital Media and Entertainment Group consolidates assets including Alibaba Pictures and Youku. Fan Luyuan, who has led Alibaba Pictures since 2017, will oversee this new entity. This corporate re-segmentation fol…