China’s property to leisure group Dalian Wanda Group has given a launch to the e-commerce site with which it intends to compete with market leader Alibaba
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Some even predict internet companies will take over the industry altogether
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In the fiercely competitive summer market, Xu Zheng, the director of China's former highest-grossing blockbuster, recently showed a "Hollywood" spirit to the rival who surpassed him
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Bryant, Alibaba and Sina will also team up on branded products for online platforms
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"Pancake Man,” a Chinese spoof of the superhero genre, has claimed the second largest first week for a mainland Chinese in North America
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Chinese cinemas' box office hit a record high of 5.49 billion yuan (897.5 million U.S. dollars) in July, showed new data from the country's entertainment authority
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Baidu, China’s search engine market leader, is to buy back up to $1 billion of its own shares, the company announced Thursday (local time)
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Celestial Tiger Entertainment, the Asian TV group backed by Saban Capital and Lionsgate, has renewed a trio of output deals giving it rights in South East Asian markets to a stream of top Hong Kong movies
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Rising content costs and decreasing operating margins at online video subsidiary iQIYI contributed to flat profits at Chinese Internet giant Baidu at a time of steeply increasing revenue
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