Reuters |
Alibaba boosts entertainment business with 10 billion yuan fund
Reuters Yu Yongfu, former CEO of UCWeb, will become the chairman and CEO of the newly formed Alibaba Digital Media and Entertainment Group, reporting directly to Alibaba CEO Daniel Zhang. Youku Tudou chairman and CEO Victor Koo will chair the Alibaba ... Alibaba Doubles Down on Entertainment With $1.5 Billion Fund Alibaba Launching $1.5B Investment Fund; Consolidates Media & Entertainment Assets Alibaba Consolidates Media and Entertainment Businesses |
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