Alibaba to spend more on travel, entertainment after $13.4 billion listing
https://www.reuters.com/article/us-alibaba-listing-hongkong/alibaba-to-spend-more-on-travel-entertainment-after-13-4-billion-listing-idUSKBN1XN10H
Chinese e-commerce giant Alibaba Group plans to ramp up investment in its online entertainment, content and travel platforms with the proceeds from a planned $13.4 billion Hong Kong listing.