Jack Ma’s Potential Successor Reportedly to Step Down as Alibaba Pictures CEO

 /  News  / 
Despite the buzz, the circulation of this rumor reflects the troubles Alibaba Pictures is facing: mediocre performance of a unit where the parent company had placed high hopes (and money) on. Read More

Headlines from China: Chinese Media Giant Toutiao Acquires Popular Video App Musical.ly

 /  Headlines From China  / 
Toutiao, a China-based content firm, has signed a deal to officially acquire Musical.ly, a Chinese video social network app that has gained popularity worldwide. Read More

Kung Fu Star Jet Li Talks about The Film He Just Made with Alibaba’s Jack Ma

 /  Chinasplaining  / 
The iconic actor hopes to light up future Games with an innovative take on traditional martial arts. Read More

Headlines from China: ‘Wolf Warrior 2’ Finishes Theatrical Run in China with Over $856 M

 /  Headlines From China  / 
China's highest grossing film 'Wolf Warrior 2' will complete its theatrical run on October 28. As of October 26, the film has raked in 5.68 billion yuan ($856 million) at box office. Read More

Headlines from China: Wanda CEO Wang Jianlin and MPA’s Chairman Chris Dodd Meet at Wanda Headquarter

 /  Headlines From China  / 
On September 21, Wang Jianlin, CEO of Wanda Group, had a meeting at Wanda Group's headquarter with Chris Dodd, CEO and Chairman of the Motion Picture Association of America. Read More

Trending in China: Actress Sun Li Reveals Online Friendship with Jack Ma

 /  News  / 
Movado brand ambassador and International Emmy nominee Sun Li revealed on Monday during a women and entrepreneurship conference that she and Jack Ma have been “online friends” for more than four years. Read More

TCB in RMB: Wanda Reports Half-Year Income Jump

 /  Money  / 
Dalian Wanda Group, China’s property, and entertainment giant, reported overall revenue of RMB 134.9 billion (US$19.8 billion) for the first six months of 2017, an increase of 12.4 percent year-on-year. Read More

Alibaba Pictures Posts $139 Million 2016 Loss

 /  Money  / 
The company blamed soaring sales and marketing of RMB 1.1 billion (US$159.6 million) for the expanded loss, which compared with an RMB 466 million net profit in the previous year. Read More

Steven Spielberg’s Amblin Partners, Alibaba Pictures Announce Partnership

 /  Money  / 
Steven Spielberg's Amblin Partners and Chinese e-commerce and media giant have announced a partnership to co-produce films for global and Chinese audiences. Read More

Alibaba Pictures Launches $300M Investment Fund

 /  News  / 
Alibaba Pictures Monday announced it has established a RMB 2 billion ($300 million) fund to invest in film and TV companies, despite an expected increase in first half-year 2016 losses of RMB 400-450 million. Read More