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In 50 Words: Alibaba’s DingTalk may become separate subsidiary
Alibaba Group’s professional communication app, DingTalk, is reportedly splitting from the parent company’s cloud division to operate as a wholly-owned subsidiary.
The timing and specific details about the split remain undisclosed, including any immediate plans for an IPO. Alibaba’s cloud division is planning an IPO itself, as it gears up for restructuring.
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