Alibaba: Spinning off its cloud business may be a stroke of genius. Here because. | The motley fool

Cloud computing with a circle of laptops connected to a cloud hub.

Alibaba (BABA 3.71%)the Chinese technology conglomerate, surprised everyone when it announced its decision to spin off its cloud computing business. Most investors didn’t see this coming as the cloud business has been a highly valued segment within Alibaba and investors expected the parent company to retain control of this business for the foreseeable future. And … Read more