e-commerce
Chinese giant Alibaba mulls part sale of film assets
NEW DELHI: The Chinese e-commerce giant Alibaba, which is now investing a major share in the entertainment sector, is considering selling of some of its start-up film industry assets.
The businesses could be transferred to Alibaba Pictures Group (APG), the film production and investment company that has its own separate share listings in Hong Kong and Singapore.
Alibaba has major share stakes in integrated film and TV group Huayi Brothers Media, rival studio Enlight Media, Internet TV group Wasu Media, and online video platform Youku Tudou.
Alibaba chairman Jack Ma’s Yunfeng investment fund also has a major stake in Hong Kong’s Media Asia, according to Variety.
“The possible business injection would be comprised of Alibaba Group’s (i) online movie ticketing business and (ii) financing and investment platform for the production of movies and other media content, both of which commenced operations in 2014,” APG said in a statement.
However, the deal is yet to be finalized, as APG said, “This new strategic direction calls for an integrated approach towards the funding, production, marketing and distribution of entertainment content.”
The proposed transfer would appear to exclude many of Alibaba’s larger and more mature film industry assets.
e-commerce
Samsung Galaxy S26 series now available for instant delivery on Instamart
AI powered flagship phones start at Rs 87,999 with launch offers up to Rs 9,000.
MUMBAI: In the age of quick commerce, even flagship smartphones are learning to arrive at your doorstep at lightning speed. Instamart has partnered with Samsung to make the newly launched Galaxy S26 series available for instant purchase on the quick commerce platform, expanding the category beyond groceries and daily essentials into premium consumer electronics.
The Galaxy S26 lineup, which includes the S26 Ultra, S26+ and S26, is now available across several major Indian cities including Bangalore, Mumbai, Delhi, Hyderabad, Chennai, Kolkata, Ahmedabad and Pune, among others.
The flagship series introduces several new features, led by what Samsung describes as the world’s first built in Privacy Display on a smartphone, available exclusively on the Galaxy S26 Ultra. The display is designed to enhance privacy while unlocking a new class of screen experiences.
The devices also integrate agentic artificial intelligence designed to quietly manage routine tasks in the background, allowing users to focus on more meaningful interactions with their device.
Positioned as a major step forward in AI powered smartphones, the Galaxy S26 Ultra also introduces enhancements in areas such as nightography photography and Photo Assist tools, aimed at improving low light imaging and AI driven creative editing.
Through the partnership, Instamart is extending its quick commerce proposition to high value electronics, allowing customers to order the Galaxy S26 series and receive it almost instantly once sales go live.
The Galaxy S26 series will be available starting at Rs 87,999. As part of the launch offers on Instamart, customers can avail an instant discount of up to Rs 9,000 using an HDFC Bank credit card. Buyers can also opt for No Cost EMI options for up to 9 months.
The move reflects the growing overlap between quick commerce and consumer electronics, as platforms race to deliver not just groceries but also premium technology products with the same promise of speed and convenience.
