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Alibaba to Invest RMB 1 Bln in Open Platform for Film Creators
Tencent Tech, 4/18/17
Alibaba Group's (NYSE: BABA) online video site operator Youku Tudou recently announced that the company, Alibaba Literature, and Alibaba Pictures Group (1060.HK) will jointly invest RMB 1.0 bln on "Project HAO," which aims to provide online movie content creators with an open platform, open IPs, and open resources. Read More
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