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Alibaba Pictures acquires majority stake in TicketNew for nearly RMB130 mln

June 08, 2017

Abstract : Alibaba Pictures, the entertainment unit of China's e-commerce giant Alibaba Group，has acquired a majority stake in India's company TicketNew for nearly 130 million yuan, Indian media reported recently.

BEIJING-- Alibaba Pictures, the entertainment unit of China'se-commerce giant Alibaba Group，has acquired a majority stake in India's company TicketNew fornearly 130 million yuan, Indian media reported recently.

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