Alibaba buys stake in Wanda Film for $750 million

Troubled Chinese conglomerate Wanda announced Monday that e-commerce giant Alibaba has agreed to buy a stake in its cinema division for around $750 million, the latest sell-off by the heavily-indebted group.

China's Tencent takes stake in games maker Glu

Chinese Internet giant Tencent agreed to take a minority stake in Glu Mobile, a maker of video games including "Contract Killer" and "Kim Kardashian: Hollywood," the companies said Wednesday.

Vox Media raises capital for global expansion

Vox Media, publisher of online news sites including The Verge and SB Nation, said Monday it raised fresh capital, giving it a reported $380 million value and fueling expansion plans.

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