Alibaba Spinning Off Its Cloud Business Could Be a Stroke of Genius. Here's Why.
(NYSE: BABA), the Chinese tech conglomerate, surprised everyone when it announced its decision to spin off its cloud-computing business.
Most investors did not see that coming since the cloud business has been a highly prized segment within Alibaba, and investors expected the parent to remain in control of this business for the foreseeable future.
And while there are differing opinions among investors on that decision, I think it's a brilliant move that can generate significant value for the cloud business and shareholders over the long run.
Source Fool.com
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