Tao Piao Piao exec held on bribery charges
Kong Qi, GM of Alibaba Pictures' fledgling event ticketing business, has been arrested on suspicion of accepting millions of yuan in bribes
News By IQ | 2 December 2016
The general manager of Tao Piao Piao, Alibaba’s film and event ticketing business, has been arrested for alleged corruption.
Kong Qi, also a vice-president of Alibaba Pictures, was detained by Chinese police in July on suspicion of taking up to CN¥10 million (US$1.5m) in bribes, according to Jiemian journalist Wang Fu Jiao.
Alibaba Pictures has confirmed Kong’s arrest but says the alleged corruption took place before he joined from sister company Alipay.
Through Tao Piao Piao, Alibaba…