Ex-Manager At Alibaba’s Online Ticket Unit Taken By Police On Bribery Charges

movieAn ex-executive at Alibaba Pictures' online ticket booking unit Taopiaopiao has been taken by police on alleged bribery charges, Chinese media reported. The arrest of Kong Qi, former vice-president and general manager of Taopiaopiao, seems to have taken place a while back. Kong left Taopiaopiao after the unit raised a RMB1.7 billion (US$260 million) series […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network