TechCrunch
plus-bold
TechCrunch
Open Navigation
TechCrunch
ChinaVision
Alibaba Pays $804M To Take Majority Stake In TV And Movie Producer ChinaVision
Mar 11, 2014
Catherine Shu
Alibaba has agreed to spend HKD $6.24 billion (about USD $804 million) for a 60% stake in TV and film producer ChinaVision Media Group. The purchase will allow Alibaba, which already dominates China's