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Alibaba

Salty Pictures, Damai Entertainment Strike First Look Deal Starting With Thai Oscar Entry ‘Not Friends’ Chinese Adaptation (EXCLUSIVE) Alibaba

Salty Pictures, Damai Entertainment Strike First Look Deal Starting With Thai Oscar Entry ‘Not Friends’ Chinese Adaptation (EXCLUSIVE)

Hong Kong-based film and TV studio Salty Pictures has signed a first look deal with Chinese entertainment powerhouse Damai Entertainment (formerly Alibaba Pictures) to develop a slate of Chinese-rooted films with global appeal. The partnership kicks off with “Not Friends,” a Mandarin-language adaptation of the Thai coming-of-age comedy-drama that served…
bubmag
June 26, 2025
Alibaba dials back designer toy ambitions, shuts Koitake to sharpen focus Alibaba

Alibaba dials back designer toy ambitions, shuts Koitake to sharpen focus

Taking into account various factors, including market dynamics and operational performance, Damai Entertainment (formerly Alibaba Pictures) has reportedly decided to shut down Koitake, a wholly owned subsidiary. The company stated it would handle post-closure matters appropriately. According to sources familiar with the situation, one key reason for the closure was…
bubmag
June 26, 2025
China’s CATL partners with Alibaba’s Ant to make robotaxis, in challenge Waymo and Tesla Alibaba

China’s CATL partners with Alibaba’s Ant to make robotaxis, in challenge Waymo and Tesla

CATL opened its first-ever bricks-and-mortar experience center, the NING Space, in the southwestern Chinese city of Chengdu on Saturday, August 10, 2024. Credit: CATL Chinese battery giant CATL has partnered with Alibaba’s fintech arm Ant Group, as well as bike-sharing platform Hellobike, to make autonomous ride-hailing vehicles, according to an…
bubmag
June 24, 2025
China subsidies give Alibaba, JD.com sales lift during 618 shopping festival Alibaba

China subsidies give Alibaba, JD.com sales lift during 618 shopping festival

Chinese e-commerce giants Alibaba Group Holding and JD.com reported record user participation and growing sales during the 618 shopping festival, as government subsidies and new artificial intelligence (AI) tools fuelled a surge in consumer activity. More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value…
bubmag
June 19, 2025
How Premier League rivals could hijack Man United deal for Bryan Mbeumo Alibaba

How Premier League rivals could hijack Man United deal for Bryan Mbeumo

Manchester United head coach / manager Ruben Amorim during a Premier League match (Photo by Marc Atkins/Getty Images) Bryan Mbeumo is entrenched in a high-stakes transfer duel this summer, with Manchester United appearing to be in the driver’s seat but Tottenham Hotspur might still turn the tide. Following the appointment…
bubmag
June 13, 2025