Uncle Jack appears to be the new consolidator within China's media sector… media is a sensitive sector especially in mainland where there are extension measures to ring fence its control over the influence over the reach of www on its info hungry citizens…
Alibaba founder on buying spree in China's media sector
Mr Jack Ma stepped down as Alibaba CEO in 2013 and is now its chairman.
3 hours ago
Reported interest in HK's South China Morning Post follows other high-profile investments
Kor Kian Beng
China Bureau Chief In Beijing
Chinese e-commerce mogul Jack Ma's reported interest in buying Hong Kong's South China Morning Post (SCMP) has captured global attention, but his Alibaba Group's 20-plus investments in mainland China's media sector since 2013 have also caused quite a stir.
His buying spree, which has sparked comparison between him and Australia-born media mogul Rupert Murdoch, began with an 18 per cent stake Alibaba took in the Sina Weibo microblog in 2013.
Other headline-grabbing moves include the takeover of video streaming giant Youku Tudou this month, in a deal believed to be worth a total of US$4.8 billion (S$6.8 billion), and a US$240 million stake in Huayi Brothers film studio late last year.
Alibaba, which now has a 32 per cent stake in Weibo, is also reportedly seeking to buy out online media firm Sina Corp, the parent of Weibo.
Most of the 24 investments, based on media reports, are in social media tools, video-streaming sites, online news portals and film. Only four are in traditional media firms like newspapers and magazines, and none appears to come close to the 112-year-old SCMP in stature.
· Jack Ma's key media buys
· April 2013:
Takes up an 18 per cent stake, worth US$586 million (S$827 million), in Sina Weibo, China's Twitter-like microblog portal. Alibaba now holds a 32 per cent stake in Weibo.
Invests in eBusiness Review, a Chinese print publication modelled after the Harvard Business Review.
Makes a US$280 million investment in US-based messaging app Tango.
Pays US$800 million to buy Hong Kong-based ChinaVision and renames it as Alibaba Pictures Group, which invests in this year's Mission: Impossible - Rogue Nation film.
Invests US$1.05 billion along with partners in Wasu Media, a state-backed digital content provider.
Invests US$1.22 billion in Youku Tudou video-streaming site. Agrees in November this year to pay a further US$3.6 billion to take over the site.
An Alibaba subsidiary reportedly purchases a 40 per cent stake worth 1 million yuan (S$221,000) in Huxiu, one of China's leading technology and business blogs.
Invests in a US$240 million stake in the Huayi Brothers film studio.
Invests 2.4 billion yuan in Beijing Enlight Media, one of China's leading TV and film producers.
Invests in Beijing Youth Community Daily.
Invests US$193 million in China Business Network, a Bloomberg-like financial news and data provider.
Alibaba partners with financial magazine Caixin and the Xinjiang government to launch Wujie Media, an online news provider.
Alibaba partners with the parent company of domestic newspaper Sichuan Daily to form an online media company.
Kor Kian Beng...