Beijing is reportedly easing its clampdown on local tech giants, but Hollywood imports remain rare.
Decision to double down on Southeast Asia makes sense given the growing resistance that Chinese tech companies are facing in the US and India.
China’s streaming giants are facing multiple challenges, but are also growing subscriptions and taking tentative steps into international markets.
Film titles covered by the deals include Blade Runner 2049, Jumanji: Welcome To The Jungle and Jurassic World 2: Fallen Kingdom.
Amazon unveils first India original, Netflix’s Okja shut out of Korean cinemas, plus latest news from Alibaba, YuppTV, Youku and iQiyi.
Alibaba’s payment affiliate Ant Financial is investing $200m in South Korean messaging service Kakao, as part of the Chinese tech giant’s move to build out online payment systems around the world.
Alibaba Pictures is investing in two further Paramount Pictures productions and a project from Italian director Giuseppe Tornatore.