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Alibaba Pictures in talks to buy Chennai-based TicketNew

Alibaba Pictures was earlier known as ChinaVision Media Group Ltd. Alibaba acquired a majority state in ChinaVision in March 2014 for $804 million. In China, Alibaba Pictures manages its ticketing business through subsidiary Tao Piao Piao. Alibaba Pictures was earlier known as ChinaVision Media Group Ltd. Alibaba acquired a majority state in ChinaVision in March 2014 for $804 million. In China, Alibaba Pictures manages its ticketing business through subsidiary Tao Piao Piao. Photo By: Alibaba Pictures

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