Alibaba Increases Stake in Tao Piao Piao, Gets Closer to Entertainment Ecosystem

 /  News  / 
Alibaba Pictures said that it will increase its stake in online ticketing platform Tao Piao Piao for 1.3 billion yuan and further its goal of building an entertainment ecosystem. Read More

Headlines from China: China’s ‘The Taste of Rice Flower’ to Compete at Venice Days

 /  Headlines From China  / 
12 films, including the Chinese film ‘The Taste of Rice Flower’, have been selected to compete at the 2017 Venice Days. Read More

China Movie Ticketing Service Maoyan Plans IPO: CEO

 /  Money  / 
Maoyan, China’s market-leading mobile ticketing service, is planning to go public, according to Wang Changtian, the founder, and chairman of Enlight Media, which controls the popular app. Read More

China’s Online Cinema Ticketing Industry

 /  Box Office  / 
In 2013, only 3 out of every 10 tickets were bought online. In the first quarter of 2017, a staggering 8 out of 10 tickets sold in China came from online platforms. 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

Senior Alibaba Pictures Executive Detained For Suspected Bribery

 /  News  / 
Another senior executive at Alibaba Group Holding Ltd.'s movie production arm has been detained under suspicion of corruption, according to multiple local media reports. Read More