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Alibaba and jd.com Are Splitting and Spinning Off Into Seven Entities
Alibaba and jd.com share prices are falling off down 60, 70% since highs in 2021. That is partly because investors are trying to figure out where growth is coming from. When they announced that they were splitting and spinning off, you know, getting rid of maybe the diseconomies of scale that they were seeing,. Jd's share price popped by 7%, Alibaba's when they announced it, it actually popped by 14%.
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