The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. Alibaba Group Holding on Thursday, May 18, 2023 said that it plans to spin-off of its cloud computing unit and that its logistics and grocery units would begin exploring initial public offerings, as the e-commerce firm kickstarts a restructuring process of its businesses aimed at spurring growth. (AP Photo/Mark Schiefelbein, File)