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Alibaba Pictures’ “Taomai VIP” Membership Surpasses 20 Million Achieving Growth of Over 30% in Four Months

HONG KONG SAR – Media OutReach – 15 August 2023 – Alibaba Pictures Group Limited (Stock code:1060, referred to as the “Company” or “Alibaba Pictures”), which is committed to its dual engine strategy featuring content and technology, has recently achieved a significant breakthrough in its platform ticketing under technology business. “Taomai VIP” (淘麥VIP), established only two years ago, has reached a new record high in membership, surpassing 15 million as of March 31 this year. As of today, the membership of “Taomai VIP” has officially exceeded 20 million, with a growth of over 30% in just over four months.

The technology business is an important part of the Group’s strategy and a driving force in the construction of the Group’s pan-entertainment infrastructure. Currently, the segment mainly comprises platform ticketing, digitalization and other businesses. “Taomai VIP” is the industry’s first joint membership program for “movies + performances” launched by Tao Piao Piao and Damai.

Alibaba Pictures has emerged as the biggest dark horse of the summer box office, accounting for nearly half of the total box office

The significant leap of “Taomai VIP” is attributed both to the strong recovery of the Chinese film and performance market and to the improvement of its platform’s online and community operation capabilities. As of today, according to data from Beacon Professional, the box office of the 2023 summer season (June 1 to August 31) reached RMB17 billion for movies and RMB3.069 billion for performances. The strong recovery of both the film and performance markets has driven the rapid growth of the entertainment consumption market.

It is worth mentioning that Alibaba Pictures’ “content” strength has further enhanced the popularity of the summer box office. As of today, Alibaba Pictures has a significant presence in several top-ranking films, such as “Lost in the Stars” and “No More Bets” in which Alibaba Pictures is involved as primary producer, distributor, and promoter; “Chang An” in which Alibaba Pictures played an important role; “Mission: Impossible – Dead Reckoning Part One” in which Alibaba Pictures participated as an investor. These films have all achieved remarkable box office success, contributing to nearly half of the summer box office revenue and solidifying Alibaba Pictures’ unbeatable industry-leading position.

“Taomai VIP” is continuously enhancing its consumer scenarios and member benefits, aiming to create the ultimate entertainment experience

With the remarkable recovery of the film and performance market, the “Taomai VIP” membership program has undergone constant upgrades to provide users with exceptional ticket-buying experiences, highly anticipated content privileges, and personalized services. This commitment fosters a thriving ecosystem for entertainment consumption.

During the summer of 2023, the “Taomai VIP” membership program introduced numerous exclusive benefits for entertainment consumers, offering a multidimensional and multisensory consumer experience for ticket purchases and entertainment consumption. Since its launch in July 2021, “Taomai VIP” has been dedicated to expanding its range of membership benefits. Currently, it offers a comprehensive suite of privileges and services that cover a wide array of film and performance scenarios. These include buy-one-get-one-free offers for movies and shows, complimentary ticket exchanges and refunds for black diamond movies, electronic and physical movie memorabilia, RMB19.9 qualification vouchers for movies, RMB8 IMAX vouchers, free cinema cards, complimentary performance tickets, priority/premium ticket purchasing for shows, as well as an array of movie and performance-related merchandise.

In addition, with the recovery of the performance market, “Taomai VIP” has become the top choice for ticket purchases in mainland China. “Taomai VIP” has actively collaborated with video platforms, online music platforms, and local lifestyle services to allow members to redeem vouchers and coupons from other platforms using their points.

In the future, the “Taomai VIP” membership program will continue to iterate member benefits. In addition to existing consumption scenarios, it will deepen cooperation with platforms such as Alipay, Youku, and Fliggy. More benefits will be added to the existing membership program, bringing more growth to the industry.

Li Jie, President of Alibaba Pictures, said, “The offline entertainment industry has entered a ‘golden summer’. These high-net-worth ‘Taomai VIP’ members are not only the core consumer group of offline entertainment but also important supporters of the healthy development of China’s entertainment industry. “Taomai VIP” will continue to deepen cooperation with upstream and downstream industry partners, refine the operation of the membership program, and provide members with richer entertainment content and highly anticipated benefits, continuously expand consumption scenarios and add vitality to the offline entertainment market.”

Hashtag: #AlibabaPicture

The issuer is solely responsible for the content of this announcement.

About Alibaba Pictures

Alibaba Pictures is listed on the main board of The Stock Exchange of Hong Kong Limited (stock code: 1060). It is an Internet-driven integrated platform that covers content production, promotion and distribution, IP licensing, cinema ticketing management, and data services for the entertainment industry.

Alibaba Pictures’ company website:

YouTube Sensation Uncle Roger Finally Tries Out and Praises Authentic Lao Food

Uncle Roger Takes Up Challenge to Try Authentic Lao Food
Thumbnail of Nigel Ng Kin-ju's video, "Uncle Roger CANCELED BY ANOTHER COUNTRY."

Malaysian stand-up comedian Nigel Ng irked a lot of people in Laos recently after he criticized the country’s cuisine in a video dressed as his famous character Uncle Roger. This week, after a wave of uproar, he posted a video accepting the challenge to try out authentic Lao food and possibly change his mind about it.

Tenth Grade Student Launches Mobile App to Assist Blood Donation in Laos

A 14-year-old application developer, Saieesha Sarkar.

A 14-year-old Lao-Indian student has developed a mobile application to help people locate verified places to donate blood across the country.

Laos Records Decline in University Enrollment Across the Country

Laos Records Lack of University Enrollment Across the Country
Students taking the University enrollment exam. (Photo: KPL)

The National University of Laos (NUOL) is widely preferred by students seeking higher education across the country, but this year the enrollment number has been the lowest since 2018.

Laos, Cambodia Regulators Collaborate to Boost Capital Market Growth

Laos, Cambodia Regulators Collaborate to Boost Capital Market Growth
Laos Securities Commission Office secretary-general Fongchinada Sengsourivong and Securities and Exchange Regulator of Cambodia (SERC) director-general Sou Socheat signed the MoU on 10 August

The Securities and Exchange Regulator of Cambodia (SERC) and the Lao Securities Commission Office (LSCO) signed a Memorandum of Understanding (MoU) last week to enhance cooperation in developing their respective capital markets.

Home Affairs Department and Yesports Team Up to Host the ‘2023 Sham Shui Po District Family Fun Esports Games’, Bringing the Thrills of Esports to the Community for Everyone to Enjoy

HONG KONG SAR – Media OutReach – 15 August 2023 – Yesports Master Club and Yesports Media Limited (“Yesports”) are thrilled to have co-organised and supported the 2023 Sham Shui Po District Family Fun Esports Games (“The Event”), which was successfully held on August 12-13, 2023.

Caption: Kick-off Ceremony with Mr Leung Man Kwong, MH, Legislative Council Member (3rd from left), Mr Pui Kwan-kay, SBS, MH, President of The Football Association of Hong Kong, China (3rd from right), Mr Wong Yan Yin, JP, Sham Shui Po District Officer (4th from left), Mr. Chan Wai Ming, BBS, MH, JP, Chairman of Sham Shui Po Residents Association (2nd from left), Mr. Wong Tat Tung, MH, JP, Founder of Hong Kong WuYi Youth Association(2nd from right), Mr. Timothy Shen, Convener of Yesports Master Club (1st from right), Mr Ho Kwan-chau, Sham Shui Po DC Members and Event Convener (1st from left).
Caption: Kick-off Ceremony with Mr Leung Man Kwong, MH, Legislative Council Member (3rd from left), Mr Pui Kwan-kay, SBS, MH, President of The Football Association of Hong Kong, China (3rd from right), Mr Wong Yan Yin, JP, Sham Shui Po District Officer (4th from left), Mr. Chan Wai Ming, BBS, MH, JP, Chairman of Sham Shui Po Residents Association (2nd from left), Mr. Wong Tat Tung, MH, JP, Founder of Hong Kong WuYi Youth Association(2nd from right), Mr. Timothy Shen, Convener of Yesports Master Club (1st from right), Mr Ho Kwan-chau, Sham Shui Po DC Members and Event Convener (1st from left).

“Sham Shui Po, being one of the most populous administrative districts in Hong Kong which has about 400,000 residents, has elected to host its first major family-oriented Esports event with Yesports with its core theme of bringing together Family Value + Esports,” commented from Mr Timothy Shen, Convener of Yesports Master Club. “Riding on the success of this highly praised event, Yesports is expected to kick start a series district-oriented events with the other 17 districts in Hong Kong to contribute to the development of youths, family values, and to recognise esports being formally admitted as a formal Medal tournament in Asian Games in September and anticipated to be included in the Olympics in 2024.”

The Event, which was organised by Sham Shui Po District Office of Home Affairs Department, coordinated and planned by Sham Shui Po Residents Association and Hong Kong Wuyi Youth Association, co-organised by Yesports Master Club and Hong Kong Brick Rail LUG, fully supported by Yesports Media Limited, had the support from the Hong Kong SAR Home Affairs Department, to create a family fun event which to provide a stage for young people and promote esports culture and sportsmanship and to bring the community together for a weekend of interesting activities and fun.

During the 2-day event, the Finals for 2023 Hong Kong Esports Master Cup – King of Glory Tournament for both open section and university section were also held with winners announced. The champion team of the university section, who is also Yesports Master Club’s supporting team will have the opportunity to go to Hangzhou to compete with the champion of the Hangzhou King of Glory competition, exchange ideas with Hangzhou players, improve skills, and strengthen youth exchanges and cooperation between Hangzhou and Hong Kong.

It’s our honour to have Mr Leung Man Kwong, MH, Legislative Council Member, Mr Pui Kwan-kay, SBS, MH, President of The Football Association of Hong Kong and Former Vice President of the Sports Federation & Olympic Committee of Hong Kong, China, Mr Wong Yan Yin, JP, Sham Shui Po District Officer, Mr. Chan Wai Ming BBS, MH, JP, Chairman of Sham Shui Po Residents Association, Mr. Wong Tat Tung, MH, JP, Founder of Hong Kong WuYi Youth Association, Mr. Lam Kwan Leung, Chairman of Hong Kong WuYi Youth Association, Mr Ho Kwan-chau, Sham Shui Po DC Members and Event Convener, and Mr. Timothy Shen, Convener of Yesports Master Club attended the Kick-off Ceremony and Award Ceremony and exchanged thoughts on the esports development for esports athletes who wish to turn professional (or semi-professional) and compete internationally.

The winning teams of University section and Open section:

University section:
Champion: SoulReaver
1st runner up: QcF
2nd runner up: 雲明昭㬢

Open section:
Champion: 冰冷
1st runner up: Dream Team
2nd runner up: 哈次捏米庫

Introducing Esports to the Sham Shui Po Community in Hopes of Enhancing the Positive Impressions of Esports

Mr Wong Yan Yin, JP, Sham Shui Po District Officer, stated that this year’s Asian Games is the first year that esports has become an official medal event. The delegation of Hong Kong, China will send representatives to Hangzhou to participate in the Asian Games. The “Sham Shui Po District Family Fun Esports Games” provides the public with an opportunity to learn more about the history and culture of esports and even experience the fun it brings. In addition to esports elements, the event will also feature a brick exhibition and brick-building workshops, allowing both adults and children to unleash their creativity and share joyous moments.

The Event featured the historical development of the Esports Sector, with different game consoles from both past and present at the public showcase

In addition to some games related to the Olympics or Olympic Esports for parents and children to experience, the event also allows the general public to catch a glimpse of nostalgic gaming consoles such as the “Gameboy” and “Sega Mega Drive” in the exhibition hall. The exhibition room also provides insights and history of esports, the similarities and differences between esports and traditional sports, dispelling common misconceptions or stereotype of esports and showcasing the true state of esports.

Furthermore, the event showcases numerous Sham Shui Po landmarks built with bricks, including the Former North Kowloon Magistracy, Mei Ho House, Nam Cheong Pawn Shop, and Tong Lau, which have attracted the attention of many children and adults. The brick-building workshops set up on the day have also received an enthusiastic response. Instructors introduce commonly used building techniques to the public, teaching beginners grasp the tricks of the brick building and allowing parents and children to unleash their creativity.

Yesports and Yesports Master Club are looking to bring this fun weekend to all other districts around in Hong Kong before 1st quarter of next year, to further promote Esports as a family fun event, bringing the youth and young-at-heart together to enjoy.

Hashtag: #Yesports

The issuer is solely responsible for the content of this announcement.

About Yesports

Yesports is a Hong Kong based leading global esports group offering a full value chain operations covering tournaments, events, talents management, online education, ecommerce of games/games supplies, blockchain based services etc.

Yesports strategy is to provide a “Esports + Social media + Entertainment” platform showcasing talents’ skills and connecting talents to the corporates, sponsors and markets to maximize economic impact. For more information about YESPORTS’s e-sports competitions or other activities, please follow YESPORTS’ social media:

For more information about Yesports, Yesports University League, Yesports Master Club, please visit official websites:


About Yesports Master Club

Yesports Master Club (“YMC”) provides a hub and alliance to fellow esports players (Hong Kong and Globally). YMC aims to maximize their career development and fun in the esports industry. It invites all Hong Kong esports athletes including both professional and amateur to participate in the Yesports Master Tournament to showcase their superb skills and abilities. These tournaments consist of a wide variety of games, including all the games featured in Asian Games 2022. YMC are recruiting players from the general public including the Hong Kong gaming community, university and high school students, coaches, KOLs, etc.

Vision:

  • Promote esports culture and the participation of various players
  • Provide global benefits and development opportunities for gamers
  • Improve the living standards and social status of esports athletes
  • Contribute to the development of the esports industry, especially in Hong Kong.

For more information about Yesports Master Club, please visit the official website:

Home Affairs Department and Yesports Team Up to Host the ‘2023 Sham Shui Po District Family Fun Esports Games’, Bringing the Thrills of Esports to the Community for Everyone to Enjoy

HONG KONG SAR – Media OutReach – 15 August 2023 – Yesports Master Club and Yesports Media Limited (“Yesports”) are thrilled to have co-organised and supported the 2023 Sham Shui Po District Family Fun Esports Games (“The Event”), which was successfully held on August 12-13, 2023.

Caption: Kick-off Ceremony with Mr Leung Man Kwong, MH, Legislative Council Member (3rd from left), Mr Pui Kwan-kay, SBS, MH, President of The Football Association of Hong Kong, China (3rd from right), Mr Wong Yan Yin, JP, Sham Shui Po District Officer (4th from left), Mr. Chan Wai Ming, BBS, MH, JP, Chairman of Sham Shui Po Residents Association (2nd from left), Mr. Wong Tat Tung, MH, JP, Founder of Hong Kong WuYi Youth Association(2nd from right), Mr. Timothy Shen, Convener of Yesports Master Club (1st from right), Mr Ho Kwan-chau, Sham Shui Po DC Members and Event Convener (1st from left).
Caption: Kick-off Ceremony with Mr Leung Man Kwong, MH, Legislative Council Member (3rd from left), Mr Pui Kwan-kay, SBS, MH, President of The Football Association of Hong Kong, China (3rd from right), Mr Wong Yan Yin, JP, Sham Shui Po District Officer (4th from left), Mr. Chan Wai Ming, BBS, MH, JP, Chairman of Sham Shui Po Residents Association (2nd from left), Mr. Wong Tat Tung, MH, JP, Founder of Hong Kong WuYi Youth Association(2nd from right), Mr. Timothy Shen, Convener of Yesports Master Club (1st from right), Mr Ho Kwan-chau, Sham Shui Po DC Members and Event Convener (1st from left).

“Sham Shui Po, being one of the most populous administrative districts in Hong Kong which has about 400,000 residents, has elected to host its first major family-oriented Esports event with Yesports with its core theme of bringing together Family Value + Esports,” commented from Mr Timothy Shen, Convener of Yesports Master Club. “Riding on the success of this highly praised event, Yesports is expected to kick start a series district-oriented events with the other 17 districts in Hong Kong to contribute to the development of youths, family values, and to recognise esports being formally admitted as a formal Medal tournament in Asian Games in September and anticipated to be included in the Olympics in 2024.”

The Event, which was organised by Sham Shui Po District Office of Home Affairs Department, coordinated and planned by Sham Shui Po Residents Association and Hong Kong Wuyi Youth Association, co-organised by Yesports Master Club and Hong Kong Brick Rail LUG, fully supported by Yesports Media Limited, had the support from the Hong Kong SAR Home Affairs Department, to create a family fun event which to provide a stage for young people and promote esports culture and sportsmanship and to bring the community together for a weekend of interesting activities and fun.

During the 2-day event, the Finals for 2023 Hong Kong Esports Master Cup – King of Glory Tournament for both open section and university section were also held with winners announced. The champion team of the university section, who is also Yesports Master Club’s supporting team will have the opportunity to go to Hangzhou to compete with the champion of the Hangzhou King of Glory competition, exchange ideas with Hangzhou players, improve skills, and strengthen youth exchanges and cooperation between Hangzhou and Hong Kong.

It’s our honour to have Mr Leung Man Kwong, MH, Legislative Council Member, Mr Pui Kwan-kay, SBS, MH, President of The Football Association of Hong Kong and Former Vice President of the Sports Federation & Olympic Committee of Hong Kong, China, Mr Wong Yan Yin, JP, Sham Shui Po District Officer, Mr. Chan Wai Ming BBS, MH, JP, Chairman of Sham Shui Po Residents Association, Mr. Wong Tat Tung, MH, JP, Founder of Hong Kong WuYi Youth Association, Mr. Lam Kwan Leung, Chairman of Hong Kong WuYi Youth Association, Mr Ho Kwan-chau, Sham Shui Po DC Members and Event Convener, and Mr. Timothy Shen, Convener of Yesports Master Club attended the Kick-off Ceremony and Award Ceremony and exchanged thoughts on the esports development for esports athletes who wish to turn professional (or semi-professional) and compete internationally.

The winning teams of University section and Open section:

University section:
Champion: SoulReaver
1st runner up: QcF
2nd runner up: 雲明昭㬢

Open section:
Champion: 冰冷
1st runner up: Dream Team
2nd runner up: 哈次捏米庫

Introducing Esports to the Sham Shui Po Community in Hopes of Enhancing the Positive Impressions of Esports

Mr Wong Yan Yin, JP, Sham Shui Po District Officer, stated that this year’s Asian Games is the first year that esports has become an official medal event. The delegation of Hong Kong, China will send representatives to Hangzhou to participate in the Asian Games. The “Sham Shui Po District Family Fun Esports Games” provides the public with an opportunity to learn more about the history and culture of esports and even experience the fun it brings. In addition to esports elements, the event will also feature a brick exhibition and brick-building workshops, allowing both adults and children to unleash their creativity and share joyous moments.

The Event featured the historical development of the Esports Sector, with different game consoles from both past and present at the public showcase

In addition to some games related to the Olympics or Olympic Esports for parents and children to experience, the event also allows the general public to catch a glimpse of nostalgic gaming consoles such as the “Gameboy” and “Sega Mega Drive” in the exhibition hall. The exhibition room also provides insights and history of esports, the similarities and differences between esports and traditional sports, dispelling common misconceptions or stereotype of esports and showcasing the true state of esports.

Furthermore, the event showcases numerous Sham Shui Po landmarks built with bricks, including the Former North Kowloon Magistracy, Mei Ho House, Nam Cheong Pawn Shop, and Tong Lau, which have attracted the attention of many children and adults. The brick-building workshops set up on the day have also received an enthusiastic response. Instructors introduce commonly used building techniques to the public, teaching beginners grasp the tricks of the brick building and allowing parents and children to unleash their creativity.

Yesports and Yesports Master Club are looking to bring this fun weekend to all other districts around in Hong Kong before 1st quarter of next year, to further promote Esports as a family fun event, bringing the youth and young-at-heart together to enjoy.

Hashtag: #Yesports

The issuer is solely responsible for the content of this announcement.

About Yesports

Yesports is a Hong Kong based leading global esports group offering a full value chain operations covering tournaments, events, talents management, online education, ecommerce of games/games supplies, blockchain based services etc.

Yesports strategy is to provide a “Esports + Social media + Entertainment” platform showcasing talents’ skills and connecting talents to the corporates, sponsors and markets to maximize economic impact. For more information about YESPORTS’s e-sports competitions or other activities, please follow YESPORTS’ social media:

For more information about Yesports, Yesports University League, Yesports Master Club, please visit official websites:


About Yesports Master Club

Yesports Master Club (“YMC”) provides a hub and alliance to fellow esports players (Hong Kong and Globally). YMC aims to maximize their career development and fun in the esports industry. It invites all Hong Kong esports athletes including both professional and amateur to participate in the Yesports Master Tournament to showcase their superb skills and abilities. These tournaments consist of a wide variety of games, including all the games featured in Asian Games 2022. YMC are recruiting players from the general public including the Hong Kong gaming community, university and high school students, coaches, KOLs, etc.

Vision:

  • Promote esports culture and the participation of various players
  • Provide global benefits and development opportunities for gamers
  • Improve the living standards and social status of esports athletes
  • Contribute to the development of the esports industry, especially in Hong Kong.

For more information about Yesports Master Club, please visit the official website:

Thousands of Pieces of Unexploded Ordnance Found Buried in Ground at Cambodian School

This photo released by the Cambodia Mine Action Center, CMAC, shows unexploded ordnance at Queen Kosamak High School in Kratie Province, northeastern of Phnom Penh, Cambodia, Sunday, 13 August, 2023. Cambodian authorities have temporarily closed the high school where thousands of pieces of unexploded ordinance from the country's nearly three decades of civil war have been unearthed. (Photo: AP)

PHNOM PENH, Cambodia (AP) — Cambodian authorities have temporarily closed a high school where thousands of pieces of unexploded ordnance from the country’s nearly three decades of civil war have been unearthed.