Sunday, July 24, 2016

Alibaba’s movie ticketing platform is costing much more than they thought

While still struggling against sluggish box office sales, Tao Piao Piao provides a crucial link in Alibaba’s media empire Alibaba Pictures, the Alibaba-backed entertainment firm, has warned investors that the unit foresees greater losses than expected, and their ticketing unit is to blame. Tao Piao Piao, which*until recently was called ****** Dianying, has overshot its...
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