Alibaba Pictures Group Limited is a prominent player in the entertainment industry and a core unit of Alibaba Group's entertainment arm. Its operations span across film and television production, internet-based promotion and distribution, e-commerce platforms, and international operations. As of March 01, 2014, Alibaba Group made a significant $804.00M post-IPO equity investment in Alibaba Pictures, solidifying its position as the largest shareholder. The company, which is listed on both the Hong Kong Stock Exchange (HKSE: 1060) and the Singapore Exchange (SGX:S91), is strategically leveraging Alibaba Group’s resources and technology to drive its cultural business development, emphasizing innovation and customer-centric operations. With a strong focus on IP-centered production and leveraging internet technologies, Alibaba Pictures is well-positioned to capitalize on the global entertainment industry. This alignment with Alibaba Group's mission to facilitate global commerce further strengthens Alibaba Pictures' potential for growth and impact in the entertainment landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Equity | $804.00M | 1 | Alibaba Group | 01 Mar 2014 |
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