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Alibaba Pictures Group HQ Relocating to Beijing

Alibaba Pictures Group will relocate its headquarters to Beijing. Alibaba said that the move would allow “limitless” expansion and allow its logistics businesses to better target the north of the country. Beijing is also home to most of China’s movie companies including video streaming company Youku Tudou. http://variety.com/2015/biz/asia/alibaba-pictures-relocates-to-beijing-1201601379/ #EntertainmentBiz

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