第一财经·2025-08-22 15:55Core Viewpoint - Alibaba has restructured its business segments on its official website, reflecting a strategic realignment in response to changing internal and external environments [3][5]. Group 1: Business Segment Changes - The new business structure includes Alibaba China E-commerce Group, Alibaba International Digital Commerce Group, Cloud Intelligence Group, and all other businesses [3][4]. - Ele.me and Fliggy have been integrated into Alibaba China E-commerce Group, while the previously separate segments like Cainiao, Alibaba Digital Entertainment, and Local Services are now categorized under "all other" [3][5]. - The restructuring does not indicate any changes in the organizational structure or internal reporting [4]. Group 2: Strategic Realignment - The restructuring signifies Alibaba's response to intensified competition in the e-commerce sector, particularly from JD.com and Meituan, prompting a need for resource integration and innovation in domestic e-commerce models [5][6]. - The CEO of Alibaba's E-commerce Group, Jiang Fan, oversees two segments, indicating a comprehensive strategy for Alibaba's e-commerce operations [5][6]. - The integration of Ele.me and Fliggy into the e-commerce group highlights the urgency for Alibaba to innovate and adapt its business model in the face of evolving market dynamics [5][6]. Group 3: Core vs. Non-Core Business - Alibaba has clarified its core businesses as e-commerce and cloud computing, while other segments are categorized as non-core, emphasizing the need for profitability in these areas [6][7]. - The "Tongyi" TOC segment of Alibaba Cloud has been restructured, with its product teams now reporting to the Intelligent Information Business Group, indicating a shift towards more independent operations to foster innovation [6][7]. Group 4: Market Adaptation - The phrase "the only constant is change" has been frequently mentioned by Alibaba executives, underscoring the company's need to rapidly adjust and allocate resources in a competitive landscape influenced by consumer market shifts and AI advancements [7].