Alibaba Digital Media & Entertainment Group

Alibaba Digital Media & Entertainment Group

https://www.linkedin.com/company/alibaba-degital-media-entertainment-group/

Alibaba Digital Media & Entertainment Group, a privately owned Chinese company founded in 2016, is a subsidiary of Alibaba Group. Employing approximately 1500 people, the group manages Alibaba's consumer-facing media and entertainment assets. Its holdings include the Youku Tudou video streaming platform, Alibaba Music (a streaming music service), in-house streaming video services integrated with Alibaba's e-commerce platforms (such as Tmall TV), Alibaba Pictures (a film production and distribution arm), and the UC web browser. In 2023, the group reported revenues exceeding $1 billion.

2024 Revenue

Founded

2016

Headcount

1,500

Headquarters

China

Primary Segment

Broadcast television and radio

Ownership

Privately Owned

News Summary:

Alibaba's cloud service experienced a disruption lasting almost two hours on Monday, affecting users in mainland China, Hong Kong, and the United States. Later in September, analysis of southbound Hong Kong connect flows highlighted significant activity involving Alibaba. In October, Alibaba participated in a $100 million investment round for humanoid startup X Square Robot and invested $60 million in PixVerse, the company behind an AI video generation app. Alibaba's stock has seen a rebound, following previous challenges including regulatory pressure, slowing domestic consumption, and competition. The company's recent investments in AI and the stock rebound are occurring amidst broader market recalibration following a Federal Reserve rate cut decision.

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Alibaba Digital Media & Entertainment Group offers 2 products in the media and telecoms services industry. Alibaba Digital Media & Entertainment Group's product portfolio comprises of broadcast television and radio and media and TV services.

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Alibaba Digital Media & Entertainment Group's revenues were over $1B in 2024. Caretta Research has split Alibaba Digital Media & Entertainment Group's revenue into 2 different product categories, the largest of which is linear (thematic channel groups). For full access to Alibaba Digital Media & Entertainment Group's revenue breakdown subscribe to Caretta Portal.

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Blockchain, B2B Tag

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New Offerings, Artificial Intelligence, B2B Tag

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Alibaba Digital Media & Entertainment Group currently holds broadcasting rights for sports competitions including soccer | association football.

Example Sports Rights Suppliers

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