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Alibaba targets acquisition of online movie ticket sites

Alibaba targets acquisition of online movie ticket sites

Thursday, March 9, 2017, 12:42 PM

Alibaba is looking to acquire an online site to up its game in India's entertainment business. Xiaopeng, president of mobile business at Alibaba, said: "We are also going to have some investment in online movie tickets booking sites." The acquisition target can be sites similar to BookMyShow though he did not specify if the company was in talks with any site for a deal.
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