Alibaba has resumed internal job transfers, while the listing of Alibaba Cloud has been temporarily postponed.

Zhitong App has learned from media reports that Alibaba (09988) is strengthening synergy and personnel mobility among its core businesses. Starting from the middle of this month, employees of Taobao, Tmall, and international e-commerce businesses will have the freedom to move between departments without having to resign first and then apply to join another department. This initiative allows employees to retain their seniority, avoiding unnecessary loss of manpower. The employee mobility plan is set to launch in mid-March, with pilot transfers currently underway. The logistics team of Cainiao will also work together with Taobao and Tmall, reporting to the group's CEO, Eddie Wu, possibly to enhance the customer experience of home delivery.

The internal business integration of Alibaba is accelerating, with changes expected in the employee mobility policy between Taobao Group and the International Digital Business Group. This policy is expected to be officially implemented in mid-March, aiming to facilitate seamless transfers of employees between the two major groups. Some employees have already begun pilot transfers. This change means that Taobao employees transferring to the International Digital Business Group will no longer need to go through the process of resigning and rejoining.

Meanwhile, there are new developments in Alibaba's listing plans. The listing plans of BABA-SWR Cloud, Hema, and Cainiao are facing adjustments due to unfavorable market conditions. The company stated that it will wait for a more favorable market environment. Cainiao's listing has been postponed until investors' valuation levels satisfy BABA-SWR. Fresh retail supermarket Hema has paused its listing but is still seeking strategic investors, including local funds in Shanghai, Thailand's Charoen Pokphand Group, state-owned enterprise China Resources Group, and COFCO Group, with a business valuation of approximately $3.7 billion.

Furthermore, the planned spin-off listing of BABA-SWR Cloud has been put on hold for now. Similarly, the listing processes of Hema and Cainiao have been delayed due to unfavorable market conditions. The company's management stated that they will not rush to push for business listings but will wait for a satisfactory valuation from the market before proceeding.