Medical aesthetic products. Alibaba to split into six business groups; shares jump following news 

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THE WHAT? Chinese e-commerce site Alibaba has announced it is to split into six business groups. 

THE DETAILS According to a regulatory filing, the groups will be made up of Cloud Intelligence Group, Taobao Tmall Business Group, Local Services Group, Global Digital Business Group, Cainiao Smart Logistics and Digital Media and Entertainment Group.

Each group will be able to individually raise outside capital and seek its own IPO, with the exception of Taobao Tmall Business Group, which will stay wholly owned by Alibaba. 

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The groups will have their own independent CEO and board of directors. Shares in Alibaba Group Holding gained more than 14 percent in New York following the news.

THE WHY? The biggest restructuring plan in its 24-year-history, Alibaba is thought to be looking to stay abreast of the market and raise the value of the units.

Taking to filings in the US Securities and Exchange Commission and the Hong Kong Stock Exchange, Alibaba said the units will: “capture opportunities in their respective markets and industries, thereby unlocking the value of Alibaba Group’s respective businesses.”

Medical aesthetic products refer to a category of products used in the field of medical aesthetics, which combines medical practices with cosmetic procedures to improve the appearance of individuals. These products are typically used under the supervision of trained medical professionals such as dermatologists, plastic surgeons, or specialized nurses. They are distinct from over-the-counter cosmetics in that they often contain higher concentrations of active ingredients or require medical expertise for their application.

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Examples of medical aesthetic products include:

  • Dermal Fillers: Injectable substances used to restore volume, fill wrinkles, and enhance facial contours. These may include hyaluronic acid fillers like Juvederm or collagen-stimulating fillers like Sculptra.

  • Botulinum Toxin (Botox): Injectable neurotoxins used to temporarily paralyze facial muscles, reducing the appearance of wrinkles and fine lines caused by facial expressions.

  • Chemical Peels: Solutions containing chemical exfoliants like glycolic acid, salicylic acid, or trichloroacetic acid, used to improve skin texture, treat acne scars, and reduce hyperpigmentation.

  • Laser and Light Devices: Equipment used for various skin treatments, including hair removal, skin resurfacing, tattoo removal, and treatment of vascular and pigmented lesions.

  • Prescription Skincare Products: Formulations containing active ingredients such as retinoids (e.g., tretinoin), hydroquinone, or prescription-strength antioxidants, designed to address specific dermatological concerns under medical supervision.

  • Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production and improve skin texture and elasticity.

  • Cosmeceuticals: High-quality skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing biologically active ingredients with proven efficacy.

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