Alibaba Pictures Group

Alibaba Pictures Group Ltd, a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Internet-based promotion and distribution, content production, and Integrated development. The Internet-based promotion and distribution segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Internet-based promotion and distribution segment generates most of the company’s revenue.