Alifish, ALI PICTURES' IP platform, collaborated with nearly 10K brands & merchants, according to its 2024 report. 
Established in 2016, Alifish's "IP2B2C" model explores IP licensing and the consumer chain.
Wu Qian, VP of Alibaba Entertainment, highlighted leveraging $BABA-W (09988.HK)$ resources for professional IP cooperation services. The platform aims to enhance IP commercial value a...

$BABA-W (09988.HK)$ CEO Eddie Yongming Wu made a series of capital planning, as Hema is already considering selling of the company, Ele.me may launch new capital action, and Youku is mulling merging into $ALI PICTURES (01060.HK)$ , report said. And the premise of such plans is that profitability can be stabilized.
In this regard, Hema told The Paper that the news is false rumor. Meanwhile, Alibaba Digital ...

$ALI PICTURES (01060.HK)$ expressed that during the summer box office season, the company was involved in the investment and distribution of ten movies, covering various genres such as comedy, romance, drama, and animation. 
The ten films collectively grossed over RMB11.4 billion at the box office, accounting for a significant portion of the box office revenue over the summer period, the announcement added.
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$ALI PICTURES (01060.HK)$  much anticipated

The public relation department of Alibaba Digital Media and Entertainment Group was quoted by Chinese media as clarifying that the rumor of injection of Youku and Tudou into $ALI PICTURES (01060.HK)$ was unfounded.
According to hearsay, $BABA-W (09988.HK)$ intends to further proceed its restructuring plan and conduct a strategic review of Youku and Tudou, potentially injecting the af...

$BABA-W (09988.HK)$ opening 0.5% higher. BABA was rumored to consider injecting Youku and Tudou into $ALI PICTURES (01060.HK)$ , but PR officials for Alibaba Digital Media and Entertainment Group denied the news. ALI PICTURES opened 3.3% lower.
$TENCENT (00700.HK)$ opened 0.2% higher, while $BIDU-SW (09888.HK)$ and $NTES-S (09999.HK)$ both opened 1.2% lower.
$MEITUAN-W (03690.HK)$ , $XIAOMI-W (01810.HK)$ and $KUAISHOU-W (01024.HK)$ open...

$ALI PICTURES (01060.HK)$ issued a profit warning, stating that the net loss attributable to owners of the Company for the financial year ended March 31, 2023 will not exceed RMB300 million, as compared with the net profit attributable to owners of the Company of RMB169 million for the financial year ended March 31, 2022.
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