Wednesday, April 2, 2014

China's Alibaba Launches Crowdfunding-Like Service for Film Investment - Hollywood Reporter




hollywood AND movie OR actress OR actor OR film OR oscar - Google News





China's Alibaba Launches Crowdfunding-Like Service for Film Investment - Hollywood Reporter




Hollywood Reporter

China's Alibaba Launches Crowdfunding-Like Service for Film Investment
Hollywood Reporter
China's largest e-commerce company Alibaba took its first tentative steps into the movie business on Tuesday with the launch of Yu Le Bao, a vehicle similar to crowdfunding that lets thousands of ordinary Chinese become micro-financiers for movies.








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