Damai Entertainment is a Chinese investment holding company specializing in content production, promotion, and distribution, intellectual property (IP) derivative licensing, and entertainment event ticketing. It invests in and produces films, online drama series, and broadcasting programs, and operates ticketing platforms like Tao Piao Piao and Damai. Headquartered in Hong Kong, the company's predecessor was incorporated in 1994.
On June 18, BABA sent an internal mail to all employees and announced another step of “organizational upgrading”.
We believe the re-organization...