Alibaba’s Jack Ma is burnishing his fame by starring in a martial-arts film that topped 100 million views online in just a few days. But his internet stardom won’t be enough to rescue his struggling entertainment business, which is losing money and market share.
Titled “Gong Shou Dao,” or “Offense and Defense,” the 22-minute film that began streaming last weekend shows the executive chairman of Alibaba Group Holding Ltd. using his Kung Fu skills to defeat some of the biggest names in martial-arts films, including Jet Li and...
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