BABA(US:BABA) Hua Xia Shi Bao·2025-08-23 02:55Group 1 - Alibaba has updated its business structure from the "1+6+N" model to four main segments: China e-commerce group, international digital commerce group, cloud intelligence group, and all others [2] - The China e-commerce group now includes Taobao, Tmall, Taobao Flash Sale, Xianyu, 1688, Ele.me, and Fliggy, indicating a strategic shift towards becoming a comprehensive consumer platform [2] - The "all others" segment encompasses DingTalk, Quark, Gaode Map, Cainiao, Youku, Damai Entertainment, Hema, Alibaba Health, and Orange Lion Sports, while the previous local life, Cainiao, and Huabei Entertainment groups are no longer mentioned [2] Group 2 - The restructuring reflects Alibaba's renewed focus on e-commerce and cloud as its core business priorities, with the leadership transition to Daniel Zhang's successors, Joe Tsai and Wu Yongming [3] - E-commerce remains Alibaba's cornerstone business, with plans to integrate domestic and international e-commerce operations into a single e-commerce group led by Jiang Fan [4] - In the fiscal year 2025, the combined revenue from Taotian Group and the international digital commerce group accounted for 58.4% of Alibaba's total revenue of 996.347 billion yuan, while the cloud intelligence group contributed 11.8% with a revenue of 118 billion yuan [4]