You are here

SUBSCRIBERS

Alibaba buys 2.4b yuan stake in film producer Enlight Media

jaalibaba503.jpg
Alibaba Group Holding Ltd has purchased a 2.4 billion yuan (S$530 million) stake in Chinese film company Beijing Enlight Media Co as the e-commerce giant expands its television and entertainment offerings.

Hong Kong

ALIBABA Group Holding Ltd has purchased a 2.4 billion yuan (S$530 million) stake in Chinese film company Beijing Enlight Media Co as the e-commerce giant expands its television and entertainment offerings.

Hangzhou Ali Venture Capital Co, an Alibaba subsidiary, bought...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes