Alibaba Group |

Alibaba Pictures’ ‘Most Important’ Business Segment Reports First Ever Profit

May 31, 2019 / News /

Alibaba’s film and entertainment arm has yet to become profitable, but a key segment of Alibaba Pictures Group’s business has climbed out of the red for the first time. Read More

Headlines from China: Chow Yun-fat’s ‘Project Gutenberg’ Projected to Lead Holiday Box Office

Oct 2, 2018 / Headlines From China /

It's projected that Project Gutenberg will likely become the final winner of this year's National Day holiday season. It remains to be seen if Shadow will eventually beat Hello Mrs. Money. Read More

Headlines from China: Alibaba Quietly Launches Short-video App “Lu Ke” on Apple Store

Sep 27, 2018 / Headlines From China /

Douyin's huge popularity among Chinese young people and its ability to influence consumer behaviors led many internet and e-commerce firms to create their own short-video apps. Read More

Headlines from China: Huayi Brothers’ Pledge of Stock Rights Triggers Rumors

Jun 11, 2018 / Headlines From China /

Although share pledge is considered a normal approach employed by many giant companies while raising funds in the capital market, some people regard Huayi Brothers' move as a bad signal as the tax evasion crisis is still rumbling on. Read More

Headlines from China: Wong Kar-wai Receives Honorary Degree from Harvard University

May 25, 2018 / Headlines From China /

On May 24, Harvard University awarded seven honorary degrees on its commencement day. Among the seven recipients, famed Hong Kong filmmaker Wong Kar-wai received Doctor's degree in Arts. This makes Wong the first Asian filmmaker who receives such an honor from Harvard. Read More

Alibaba Acquires Stake in Wanda Film as the Entertainment Conglomerate Scales Back on Debt

Feb 6, 2018 / Money /

The acquisition will make Alibaba the second-largest shareholder of Wanda’s film group, with Wanda still controlling a 48.1% stake in the company. Read More

Headlines from China: 2017 Wrap-up: Animated Films in China

Dec 27, 2017 / Headlines From China /

China is seeing the first box office dip for animated production in six years; ticket sales for all animated movies released in China totaled at around $7.2 billion, a $349 million decrease from 2016. Read More

Headlines from China: Yu Yongfu Officially Resigns from Alibaba Digital Media and Entertainment Group

Nov 15, 2017 / Headlines From China /

Yu Yongfu will officially step down as the Chairman of Alibaba Digital Media and Entertainment Group on December 1. Meanwhile, Yu is assigned as the head of eWTP, a new strategic investment unit to be established by Alibaba Group. Read More

Alibaba Announces Live Entertainment Business Group

Sep 21, 2017 / News /

Alibaba announced the founding of its live entertainment business group to step up in ticketing, content creation, and live experience. Read More

Headlines from China: Matthew Morrison Joins Cast of Chinese Film Crazy Alien

Aug 14, 2017 / Headlines From China /

Chinese director Ning Hao's latest sci-fi movie Crazy Alien stars three American actors, including Matthew Morrison, Tom Pelphrey, and Kat Nelson. Read More

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