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Submitted by Anónimo (not verified)
Tuesday, August 5, 2014 - 05:25
120.37.208.146
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The move further underlines the scale of Alibaba鈥檚 ambitions in film and entertainment.
In the past few months it has launched crowd-funding site Yu Le Bao. It has also paid $1.09 billion for a $16.5% stake in online video [url=http://janewenham-jones.com/beats-by-dre-studio.html]Beats By Dr Dre[/url] platform Youku Tudou; $806 million for a 60% stake in film ChinaVision; put up $1.05 billion of loans for minority stake in digital [url=http://janewenham-jones.com/mybooks.php]Kate Spade Outlet[/url] broadcasting group Wasu; and $190 million for a 50% stake in Evergrande FC, one of China鈥檚 leading soccer teams.

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