Editor’s note for June 1, 2023

A note for Access newsletter readers from Jeremy Goldkorn.

Dear reader:

We have changed some of the software we use to send you this email. In order to avoid making the internet think that we are spammers, we have to send out this daily email in several batches for a while. As a result, you might receive the emails around 11 a.m. New York / 11 p.m. Beijing time, or sometime in the six hours that follow it.

Within two weeks, everyone should receive the email at 11 a.m. New York / 11 p.m. Beijing time. Please accept our apologies for any inconvenience this causes. If you have any questions about our emails or anything else we do, just hit “reply” to ask me, or write to .

To paraphrase Julius Caesar: Alibaba est omnis divisa in partes sex — the ecommerce and tech giant has been divided into six units. What does Alibaba look like now?

Former Alibaba executive Ivy Yang listened in to Alibaba’s recent earning call, and tells us all about it: There’s a summary below, or click through for her complete take.

Our Word of the Day is: All Gaul is divided into three parts (整个高卢分为三个部分 zhěnggè gāo lú fēn wéi sān gè bùfèn).