China’s Alibaba Group Holding Ltd BABAF posted a 2% rise in quarterly revenue that missed expectations on Thursday and said it would list its cloud computing business in the next year. The company has been struggling to attract new users as China’s e-commerce sector matures and it grapples with inroads made by new competitors such as PDD Holdings and Douyin, the Chinese version of TikTok that is also owned by ByteDance. Earlier this year, Alibaba announced plans to restructure into six units following a two-year regulatory crackdown on China’s tech sector. It expects all of the units except for its...