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Spotlight Monday Alibaba Ali Venture Capital plans to sell | 86insider

Spotlight Monday

Alibaba

Ali Venture Capital plans to sell all of its stake in Mango Excellent Media , a publicly-traded Chinese media company , expecting to lose about US$356 million.

ByteDance
ByteDance plans to launch an e-commerce app aimed at international online shoppers , similar to Alibaba's Ali Express.

ByteDance plans to launch a new perfume brand called Emotif .

Xiaomi
Xiaomi published a new imaging system patent , allowing users to take 3D images via a multi-device interconnected shooting method.