Alibaba shares plunge after reversing spinoff plan of cloud unit Nikkei Asia

Alibaba shares plunge after reversing spinoff plan of cloud unit  Nikkei Asia

HONG KONG — Alibaba Group Holding has reversed a plan to fully spin off its cloud unit, the company said Thursday, in a surprise move that the Chinese group attributed to tougher U.S. controls on ch… [+316 chars]Read More

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