Alibaba pictures
Alibaba Pictures to Acquire 80 Percent Stake in Hangzhou Xingji for $15 Million
| Girish Shetti | | Aug 25, 2016 01:01 PM EDT |
Alibaba Pictures, the entertainment division of Chinese e-commerce giant Alibaba Group, would invest 100 million Yuan (US$15 million) to secure an 80 percent stake in Hangzhou Cinema Company. The move would help Alibaba Pictures to further expand its reach in China's lucrative entertainment market.
China's Alibaba Pictures Acquires Distribution Rights to Korea's 'Life Risking Romance'
| Charissa Echavez | | Jul 26, 2016 02:26 PM EDT |
Jack Ma's Alibaba Pictures has acquired the rights for Korean romantic thriller Life Risking Romance in China, giving it full distribution rights for the film in theaters and online platforms in the country.
Alibaba Launches $300 Million Investment Fund for TV and Film Production
| Ellie Froilan | | Jul 26, 2016 02:10 PM EDT |
Alibaba has announced a new $300 million investment fund to invest in film and TV companies.
Alibaba Pictures Warns Investors About Bigger Losses
| Phenny Lynn Palec | | Jul 26, 2016 11:42 AM EDT |
Alibaba Pictures, the entertainment arm of the Chinese tech giant Alibaba, has warned its investors about possible bigger losses than originally anticipated. Alibaba Pictures revealed that its ticketing unit is to blame.
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