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Alibaba (BABA) Enters Agreement for First Bundled Cable TV, Internet, and Mobile Service in China

July 1, 2015 6:55 AM EDT

Alibaba Group Holding Ltd. (NYSE: BABA) is said to have entered into agreements with DMG Entertainment -- a Chinese film company -- and Hunan Satellite Television aimed at expanding subscription-based Internet, cable, and mobile entertainment offerings to Chinese customers.

According to... More