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Searching for "Yulebao"
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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
Alibaba Health, CPIC Ally on Online Health Insurance
Ebrun, 7/28/15
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) Hong Kong-based health services subsidiary Alibaba Health Information Technology (0241.HK) has announced it signed a deal with CPIC Allianz Health Insurance, a subsidiary of China Pacific Life Insurance (CPIC), to explore online health insurance products as a new model for health insurance services. Read More
Alibaba, Tencent to Increase Stakes in Huayi Brothers to 8% Each
Huayi Brothers, 11/19/14
Film and TV production firm Huayi Brothers (300027.SZ) announced today strategic partnerships with Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), internet firm Tencent (0700.HK), and investment firms Ping An Asset Management and China Securities Co., Ltd. Huayi Brothers' proposal calls for a private offering of an additional 144.986 mln company shares, with Tencent paying RMB 1.28 bln for 51.55 mln shares and Ali Venture Capital, an affiliated investment arm of Alibaba Group, paying RMB 1.533 bln for 61.756 mln shares. Read More
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