CHINA TOPIX

12/22/2024 06:05:36 pm

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Dalian Wanda's unit Wanda Cinema to acquire China's leading movie portal Mtime.com in a $350 million deal.

Dalian Wanda to Acquire China's Leading Movie Portal Mtime for $350M

Dalian Wanda Group, which is owned by China's richest man Wang Jianlin, has agreed to acquire Beijing-based movie e-commerce, news, and ticketing portal Mtime for $350 million, expanding its digital entertainment portfolio.

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