原文標(biāo)題：Alibaba Group revamps Taobao structure
資料來源：CCTV News，CNTV English
發(fā)布時間：06-17-2011 14:33 BJT

Hints:
Jack Ma
Yahoo
Softbank
Alipay
Goldman Sachs

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Alibaba Group says it has reorganized Taobao, China's largest e-commerce website, into three separate companies. Analysts say this move quashes any chance of a Taobao public offering. The move to split Taobao comes as Alibaba Group founder, Jack Ma, grapples with its major shareholders, Yahoo and Japan's Softbank, over ownership of Alipay, another core business of the group. Taobao accounted for 70% of all online sales in China in the first quarter this year, and it has been valued by Goldman Sachs at about 7 billion U.S. dollars. As of Thursday this week, the firm was split into three companies. Ma says the restructuring will create more value for the whole industry, and therefore more value to the company and shareholders.