What Damai Entertainment Does & How It Makes Money (1060.HK)

Updated October 2026 · reflects Damai Entertainment's latest reported financials

Chinese live entertainment ticketing, film, and IP merchandising company. It earns fees from ticket sales and ticketing systems for live shows and cinemas, and from on-site event services and venue operations.

How Damai Entertainment makes money

It earns fees from ticket sales and ticketing systems for live shows and cinemas, and from on-site event services and venue operations. It also makes money from film and drama distribution, advertising, and sales of IP merchandise such as pop toys.

What Damai Entertainment does

Damai Entertainment Holdings, formerly Alibaba Pictures Group, is a Beijing-based entertainment company operating in mainland China and Hong Kong. It handles the full life cycle of live performances: ticket sales, ticketing systems, on-site event services, venue operations, and investing in and producing show content. It also runs the Tao Piao Piao and Yunzhi film ticketing and technology platforms. On the content side, the company invests in, produces, and distributes films, online drama series, TV programs, and short dramas for children, and it produces music. It turns entertainment IP into revenue through licensed merchandise, pop toys, action figures, and digital collectibles. Other services include advertising, talent agency, live streaming, and factoring.

Products & services

• Damai (live performance ticketing)
• Tao Piao Piao (film ticketing)
• Yunzhi (cinema ticketing and technology platform)
• Film and drama production and distribution
• IP merchandise, pop toys and action figures
• Digital collectibles

What is Damai Entertainment worth?

Related companies

Hengdian Entertainment (603103.SS) · Shanghai Film (601595.SS) · Beijing Enlight Media (300251.SZ) · Ruyi Film Entertainment (002739.SZ)