Alibaba Pictures raises new funds for online ticketing platform
May 15, 2016 at 11:23 AM EDT
HONG KONG, May 15 (Reuters) - The listed movies unit of Alibaba Group Holding Ltd, China's biggest e-commerce company, has raised the valuation of its O2O distribution and promotions subsidiary which operates an online ticketing platform after a new round of fundraising, it said in a Hong Kong stock exchange filing released on Sunday.