国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

中文USEUROPEAFRICAASIA
Business / Markets

Alibaba users can soon invest in movies

By HE WEI in Shanghai (chinadaily.com.cn) Updated: 2014-03-26 17:27

Alibaba users can soon invest in movies

Employees stand on a logo of Alibaba Group Holding Ltd during a media tour organised by government officials at its headquarters on the outskirts of Hangzhou, Zhejiang province, June 20, 2012. [Photo/Agencies] 

Alibaba Group Holding Ltd will allow customers to invest in movies and games through an insurance management fund, in its latest move to combine its newly tapped entertainment industry with financial endeavors.

Alibaba users can soon invest in movies

Alibaba's 'Leftover Treasure' hits 43m users?

Taobao's mobile users may pour money into the YuLeBao, or 'Entertainment Treasure", that will be part of the production of selected films, TV dramas and online games as well as other forms of entertainment, Liu Chunning, Alibaba's vice-president who oversees digital entertainment businesses, said at a press conference on Wednesday.

By teaming up with GuohuaLife Insurance Co Ltd, YuLeBao promises individual investors an annualized return of 7 percent. The premium will be paid for six months or one year of coverage, depending on the project.

With the anticipated capital pool reaching 73 million yuan ($11.75 million), the first phase of the program will include four movies and one game. Each registered user can invest up to 200 yuan.

Liu said the move will help Alibaba pinpoint customer preferences by studying data collected from the product. The firm may further monetize the product by bringing the latest fashion lineups from movie settings into its e-commerce marketplaces, Taobao and Tmall.

The Internet giant has been investing heavily in the entertainment industry by aligning smaller domestic partners to compete with rivals.

In January, Alibaba set up a mobile gaming platform in China, venturing into a fast-growing sector dominated by Tencent Holdings Ltd. Alibaba also bought a majority stake in television-and-film production firm ChinaVision Media Group Ltd, to utilize its rich entertainment content.

Alibaba mapping a future filled with smart devices

Alibaba offers to buy digital mapping company AutoNavi

Alibaba, Yunfeng Fund buy 54.3% stake in CITIC 21CN

 

 

Hot Topics
Editor's Picks
...
...
宁远县| 泽普县| 平阳县| 嘉定区| 七台河市| 武乡县| 和田县| 咸阳市| 吉首市| 阿拉善右旗| 沅陵县| 满洲里市| 托克逊县| 嘉禾县| 洮南市| 永胜县| 鲁山县| 科技| 揭东县| 阜新市| 镇雄县| 靖安县| 甘德县| 庆元县| 安顺市| 大宁县| 原阳县| 高陵县| 密山市| 五华县| 临泽县| 朝阳县| 德安县| 黑水县| 专栏| 新昌县| 麻城市| 罗甸县| 罗城| 卢湾区| 屏南县|