Posted inNews

Alibaba Reportedly Invests in Video Service PPTV

Alibaba reportedly will buy a stake in PPTV, an online video streaming service, together with Hunan Satellite TV with $400 million. The rumor that PPTV was looking for buyers has been around for a while. It was reported that Sohu and Suning showed interest. Vincent Tao, CEO of PPTV, predicted at the beginning of this year that […]

Posted inNews

Taobao Shopping Is What Makes Alibaba’s Smart TV Business Different

  Alibaba announced the long-rumored custom Android system for TV and a set-top box, Wasu Rainbow, today, with the latter going on sale in two to three months. It partners with Wasu Media, one of the several state-authorized content providers, to stream online videos onto Smart TV screens. As to the Smart TV sets, manufacturers including Skyworth and Changhong have […]