On June 26th, Hong Kong media reported that Alibaba's new retail platform Hema Fresh will be listed in November. Hema Xiansheng declined to comment on this to Pengpai News.
According to Hong Kong Economic Times, as a new retail platform driven by data and technology under Ali, Hema Xiansheng is stepping up its preparations for listing, and will apply for spin off listing in the next two weeks in accordance with the 15th application guideline (PN15) of the listing rules. This will also be the first company to complete its listing after Alibaba's restructuring and spin off.
On the evening of May 18, Alibaba Cloud Group announced that if things go well, Alibaba Cloud would go public in the next 12 months from a complete separation of Alibaba Group. Cainiao and Hema will launch their marketing plans, with the former expected to be completed within the next 12 to 18 months and the latter expected to be completed within the next 6 to 12 months. Alibaba International Digital Business Group has also launched external financing to support its rapid expansion in the global market.
In March of this year, Zhang Yong, Chairman of the Board of Directors and CEO of Alibaba Group, released a letter from all employees announcing the launch of "1+6+N" organizational change. Under the Alibaba Cloud Group, six business groups and multiple business companies will be established, including Alibaba Cloud Intelligence, Taobao Tmall Commerce, Local Life, Cainiao, International Digital Commerce, and Dawen Entertainment. The qualified business groups and companies will have the possibility of independent financing and listing. After this organizational change, Alibaba Group will fully implement holding company management.