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- Chinese film and tech group, Alibaba Pictures managed to slash its losses during the COVID-affected financial year to March 2021. It pointed to strength and scale of its content as the differentiator between this and previous years. Revenue was little changed at RMB2.85 billion ($445 million).
variety.com/2021/biz/asia/alibaba-pictures-losses-tumble-1234995231/
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In July 2017, Alibaba increased its stake in Tao Piao Piao, an online ticketing platform, from 87.6% to 96.7%, for 1.3 billion yuan. [12] Alibaba Pictures has become a giant in film production and finance. [13] Its success is not limited just to mainland China.
Jun 12, 2021 · Chinese film and tech group, Alibaba Pictures managed to slash its losses during the COVID-affected financial year to March 2021. It pointed to strength and scale of its content as the...
Apr 13, 2020 · Alibaba Pictures Group, an entertainment and film unit of China e-commerce leader Alibaba Group, expects to report up to 1.1 billion yuan to 1.2 billion yuan of losses ($157 million-$171...
- Russell Flannery
Jun 12, 2021 · Chinese film and tech group, Alibaba Pictures managed to slash its losses during the COVID-affected financial year to March 2021. It pointed to strength and scale of its content as the...
Leveraging its technological edge, Alibaba Pictures creates innovative use cases for the entertainment industry, leading digital and intelligent transformation for the whole industry chain.
Apr 19, 2022 · Alibaba Pictures Group will record a net profit of at least RMB40 million ($6.3 million) for the year ended March 31, the film producer and distributor said on Thursday. The company is in the black after reporting a net loss of about RMB96 million in the prior year.
