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Oscar winner's China debut

By Xu Fan | China Daily | Updated: 2019-02-28 07:28

Alibaba seen reaping big returns from 'small' investment in Green Book, Xu Fan reports.

The night before the winners of the 91st Academy Awards were announced at the Dolby Theatre in Los Angeles, Zhang Wei, president of Alibaba Pictures, couldn't fall asleep.

She didn't sleep the night after the awards as well. She was too excited as her company, the film arm of Chinese e-commerce giant Alibaba Group, had co-financed Green Book along with American companies DreamWorks Pictures and Participant Media. The $23 million film won this year's Oscar for the best picture.

Oscar winner's China debut

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