Alibaba's (9988) work communication and collaboration platform DingTalk will split from the company's cloud division, according to two sources close to the company.
The sources could not confirm the exact timing of the split and also did not confirm news reported by Chinese media outlet Caixin on Wednesday that DingTalk would pursue its own IPO in the near future.
DingTalk will operate as a wholly-owned subsidiary of Alibaba and there would be no impact on its services, one source said.
Though the Slack-like DingTalk will split structurally from Alibaba's Cloud Business Intelligence unit, the sources said it would continue to work closely with the cloud division technology-wise.
The tech giant announced the six-way split of its business in March and has said the cloud division was likely to IPO by May next year.