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Searching for "Ali Venture Capital"
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Alibaba Invests in Electric Car Maker Xpeng Motors
Sina Tech, 12/10/17
Chinese internet conglomerate Alibaba (NYSE: BABA) recently invested in Guangzhou-based Xiaopeng Motors Technology, the operating entity behind electric car maker Xpeng Motors. Read More
Xinhuanet Taps Parent, Alibaba to Form Information Technology JV
Xinhuanet, 4/12/17
Chinese state-owned news site operator Xinhuanet Co (603888.SH) recently announced that it has signed an agreement to set up a new technology company called "Xinhua Smart Cloud Technology" with several subsidiary companies of parent firm Xinhua News Agency, Ali Venture Capital, and Hangzhou-based Shuwenyun Investment Partnership. Read More
Alibaba to Invest RMB 2.4 Bln in Film & TV Production Firm Enlight Media
Enlight Media, 3/04/15
Hangzhou-based Ali Venture Capital, the VC subsidiary of e-commerce conglomerate Alibaba Group (NYSE: BABA), has offered to purchase RMB 2.4 bln in newly issued shares in a private offering from Beijing-based TV program and film production company Enlight Media (300251.SZ). 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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