Alibaba chairman wants to bring US movies to China

The head of China's leading Internet conglomerate wants to bring American movies to China, along with other U.S. products.

Jack Ma, executive chairman of Alibaba Group, the Chinese e-commerce giant that just held a record stock debut on Wall Street, is visiting Hollywood film studios this week. He told a tech industry conference Monday night that he is "looking for partners" because "China will be the largest movie market in the world" in the next 10 or 15 years.

Alibaba operates several Internet services, including retail sites, online payments and streaming video. In response to a question, Ma also said he would be interested in teaming with Apple to bring its Apple Pay digital payments service to China.


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Citation: Alibaba chairman wants to bring US movies to China (2014, October 28) retrieved 23 May 2019 from https://phys.org/news/2014-10-alibaba-chairman-movies-china.html
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Oct 28, 2014
"China will be the largest movie market in the world" in the next 10 or 15 years.

Assuming movies survive in some form, they might be largely CG by then. Country of production irrelevant.

Oct 28, 2014
I don't understand tis how people can call themselves journalists and write these kinds of releases for Alibaba.

They have redacted part of their name "and The Forty Thieves"...

So many people have been ripped off thousands on that network. So many vendors do not take, for example, paypal, and so there is NO transaction guarantees with too many of them.

Stay away!

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