Alibaba Outlines Units’ IPO Plans as It Splits Into Six Groups

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Cainiao Smart Logistics: Alibaba’s logistics arm is targeting a listing within 12 to 18 months.

Freshippo: The grocery and fresh goods chain aims to list within six to 12 months.

Cloud business: Alibaba’s cloud-intelligence group aims to spin off into a publicly traded company in the next 12 months, via a stock-dividend distribution. Before that, it plans to raise funds through private financings.

International digital commerce: This business is exploring external fundraising to help it expand into new locations, invest in new technologies, grow its consumer and supplier base and enhance its products.

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