The Chinese e-commerce giant has agreed to pay $382 million for a major stake in Enlight Media, one of China's leading film producers and distributors.
Yule Bao, the fan-funding arm of China's e-commerce and entertainment giant Alibaba, will consider investments in further movies by Jackie Chan.
Alibaba, the giant Chinese e-commerce and entertainment group, has spent $590 million to buy a minority stake in smartphone manufacturer Meizu.
China and the Hollywood film industry have engaged with each other for much of the past decade, with both sides slowly discovering the opportunities, learning the limits of cooperation and enlisting…
UPDATED: Chinese e-commerce and entertainment giant Alibaba announced a growth of 25% in non-GAAP net profits for the the three months to Dec 2014. The giant group, which floated on the New York…
Alibaba Pictures Group, the movie division of Chinese e-commerce giant, has warned that full year losses would reach up to HK$600 million (US$77.4 million). It also revealed that actress Vicky Zhao…
Wanda Group, which controls AMC Cinemas and Wanda Cinema, has bought a controlling stake in 99Bill Corp, an electronic payments company.
The corporate posturing does not mean that a game changing takeover deal is imminent -- nor that it will succeed.
Huayi now "the leading entertainment power in China," say Wang brothers.
Chinese social messaging service Momo Inc. has filed for an initial public offering in the U.S. The company, which is 20% owned by e-commerce giant Alibaba, hopes to raise $300 million. The listing…