Alibaba reshuffles entertainment units, to raise 10 billion yuan fund - Reuters

Alibaba reshuffles entertainment units, to raise 10 billion yuan fund - Reuters

Reuters

Alibaba reshuffles entertainment units, to raise 10 billion yuan fund Reuters N) said on Monday it has reorganized its media and entertainment businesses to form one group headed by mobile business group head Yu Yongfu. The company also said it plans to raise more than 10 billion yuan ($1.48 billion) for an affiliated investment ... and more »

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