‘Lost in the Stars’ Helps Alibaba Entertainment Businesses Towards Quarterly Profits ...Middle East

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‘Lost in the Stars’ Helps Alibaba Entertainment Businesses Towards Quarterly Profits
Box office hit “Lost in the Stars” was a contributor to the April to June profits recorded by Chinese tech giant Alibaba’s digital media and entertainment division. The division, which spans streaming, ticketing, film production and distribution and web browser, recorded earnings before interest, taxation and amortization (EBITA) of $9 million (RMB63 million). That follows […]

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