Re:Alibaba breaks itself up in six
by gordian-mind on Monday April 03, 2023 @07:22PM
(#35432794)
What about laying off 75% of its workforce and open sourcing the twitter algorithm?
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Is the company more valuable ?
Re:Alibaba breaks itself up in six
by gordian-mind on Wednesday April 05, 2023 @12:42PM
(#35456920)
Well it increases revenue, so certainly. The open sourcing increases it ethicality; I guess you could say it's not direct value.
In terms of pure market cap, which I'm not sure how relevant it is, it seems that the current valuation (41 billion) is higher than when he offered to buy it (34 billion in April 2022).