Alibaba is breaking up.
阿里巴巴正在进行拆分。
The Chinese retail and technology titan said Tuesday that it would divide into six units.
周二,这家中国零售和科技巨头宣布,将分拆成六大业务集团。
Each one will cover a key business line, such as e-commerce, cloud computing and digital media.
每个业务集团都将涵盖一个关键的业务线,如电子商务、云计算和数字媒体。
The units will each get their own CEO and board of directors.
这些业务集团都将有自己的首席执行官和董事会。
They are also expected to explore fundraising options, with initial public offerings a possibility.
预计它们还将探索融资方案,包括可能的首次公开募股。
Alibaba Group will become a holding company overseeing it all.
而阿里巴巴集团将成为一家控股公司,负责监管所有业务集团。
Current boss Daniel Zhang will stay on as chairman and chief executive of the Group.
现任领导张勇将继续担任集团董事长兼首席执行官。
He said the move would make Alibaba more agile.
张勇表示,此举将使阿里巴巴更加灵活。
U.S.-listed shares in the firm jumped 8% following the news.
消息传出后,阿里巴巴在美国上市的股票上涨了8%。
It's the biggest revamp in the firm's 24-year history.
这是该公司24年历史上最大的一次改革。