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Top 10 ways Alibaba is building an empire

Updated: 2014-06-30 07:11 By He Yini (chinadaily.com.cn)
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Top 5 ChinaVision Media Group Ltd

Investment: $804 million

Share: 59.32 percent

Date: March 11

Alibaba has invested HK$6.24 billion for 59.32 percent in Hong Kong-listed China Vision Media Group Ltd (CVMG), becoming the media company's biggest shareholder. The company, which has a rich business portfolio from print media, television and films to mobile games, will be renamed "Alibaba Film Group Co Ltd" accordingly.>>> more

Top 10 ways Alibaba is building an empire

Dong Ping, the media group's former president, will become adviser to the company after the acquisition by Alibaba. Liu Chunning, Alibaba Group vice-president, will serve as the media company's president. Chinese action movie star Jet Li will act as the company's independent non-executive director. Photo taken on Oct 26, 2012. [Photo / IC]

Top 10 ways Alibaba is building an empire

Top 10 ways Alibaba is building an empire

Top 10 ways Alibaba is building an empire

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