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Alibaba Conducts Strategic Review of Youku and Tudou Amidst Rivalry with Baidu and Tencent

Alibaba Group Holding Limited (NYSE: BABA) weighed options for its video entertainment assets. The company is conducting a strategic review of video streaming platforms Youku and Tudou, Bloomberg cites familiar sources. It also evaluates options to inject the assets into Alibaba Pictures Group Ltd and bolster its scope. Alibaba eyes a family of standalone leaders in businesses from e-commerce and media to cloud and logistics. Also Read: Alibaba's Jack Ma Visits Pakistan After Nepal, Sparks ...
Daniel Zhang Bytedance Ltd Douyin Baidu Inc Bidu Iqiyi Inc Alibaba Pictures Group Ltd Tencent Holdings Ltd
Source: yahoo.com

Alibaba Said to Weigh Options for Video Platforms Youku, Tudou

(Bloomberg) -- Alibaba Group Holding Ltd. is exploring options for its video entertainment assets, according to people familiar with the matter, as the Chinese tech giant wades deeper into its plan to revamp its structure.Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyLazard Fires Senior Banker for Inappropriate Behavior at PartyBank of America Says it Started Talks With Fed After Stress Test ResultsM
Dong Cao Gong Yu Daniel Zhang Jane Zhang Bytedance Douyin Netflix Inc
Source: yahoo.com

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Beijing's ties with Moscow behind hardening Polish views on China

Last summer, with Russia's gruelling war in Ukraine shifting the geopolitical sands in Europe, Beijing dispatched a veteran envoy to tour the bloc's eastern front. Beijing's cosy ties with Moscow had soured its image across the region, compounding a situation that had worsened over the Covid-19 pandemic, when the country's reputation across Europe took a battering. Huo Yuzhen, a former Chinese ambassador to the Czech Republic and Romania, visited eight countries in three week...
United States Bruxelles Capitale Andrzej Duda Baltic Sea Li Hui Joseph Wu
Source: yahoo.com

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