Wan Wang was merged separately listed plan abortion

Yesterday, Alibaba Group announced that its Alibaba Cloud and China Wanwang will be merged into the new Alibaba Cloud Company. After the merger, the “Wanwang” brand will remain as the domain name service brand of Aliyun. The merger means that Wannet's separate listing plan is a complete abortion.

Alibaba Group stated that Alibaba Cloud's merger with Wanwang.com is based on the consideration of the consistency of business, products, and user groups. Through the integration, the reasonable utilization and distribution of each other's resources will be achieved, and the industry advantages and value of both parties will be maximized. After the merger, users of existing products such as cloud hosting, cloud email, website construction, and related enterprise applications will continue to continue their services.