Xinhua Finance and Economics, Beijing, December 20th (Xinhua) - On December 20th, some media reported that Alibaba Group CEO Wu Yongming has made a series of capital plans. Hema is already considering selling, Ele.me, or there may be new capital actions, while Youku is considering merging with Alibaba Pictures, but the premise is stable profitability.
Regarding this, Hema, Ele.me, and Alibaba Entertainment have all responded as false information.