The logo of Chinese technology conglomerate Alibaba seen on top of a skyscraper in Shenzhen, China. (Photo: SOPA Images) The logo of Chinese technology conglomerate Alibaba seen on top of a skyscraper in Shenzhen, China. (Photo: SOPA Images)
The logo of Chinese technology conglomerate Alibaba seen on top of a skyscraper in Shenzhen, China. (Photo: SOPA Images)
Alibaba

Alibaba to sell stake in Chinese TV network at an estimated US$350 million loss

  • The e-commerce giant wants to dispose of its 9-month-old investment in the operator of Chinese streaming platform Mango TV
  • The impending sale marks Alibaba’s first major divestment of a media asset since authorities concluded an antitrust investigation into the tech conglomerate

Topic |   Alibaba
The logo of Chinese technology conglomerate Alibaba seen on top of a skyscraper in Shenzhen, China. (Photo: SOPA Images) The logo of Chinese technology conglomerate Alibaba seen on top of a skyscraper in Shenzhen, China. (Photo: SOPA Images)
The logo of Chinese technology conglomerate Alibaba seen on top of a skyscraper in Shenzhen, China. (Photo: SOPA Images)
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