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Posts Tagged ‘ChinaVision Media Group Ltd’

Alibaba buying media company ChinaVision for $804M

12
Mar
2014

BEIJING (AP) — Chinese e-commerce giant Alibaba is expanding into media by acquiring control of a Hong Kong film and television company, ChinaVision, for $804 million.

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Alibaba buys ChinaVision stake for $804 million; gains TV, movie content

12
Mar
2014

Chinas largest e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in ChinaVision Media Group Ltd for $804 million, giving it access to TV and movie content as competition in the worlds biggest Internet market becomes increasingly cutthroat. The pact, which sent ChinaVisions stock surging, comes amid a flurry of deals as […]

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Hong Kong’s ChinaVision stock set to soar after Alibaba buys control

12
Mar
2014

HONG KONG (Reuters) – Shares of ChinaVision Media Group Ltd are set to open up 290 percent after China’s largest e-commerce company Alibaba Group Holding agreed to buy a controlling stake in the Hong Kong-listed television program services supplier. Shares of ChinaVision, which were suspended on February 25 and resumed trading on Wednesday, are set […]

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