Damai Entertainment Holdings Limited, an investment holding company, operates in the content, technology, and IP merchandising and commercialization businesses in Hong Kong and the People's Republic of China. The company invests, produces, promotes, markets, and distributes entertainment contents comprising film, online drama series, and broadcasting and television programs, as well as short dramas for children; and operates film ticketing and technology platforms under Tao Piao Piao and Yunzhi names. It also engages in the provision of digital collectibles issuance and factoring services; establishment of platforms; production of musical works; and engages in the life cycle of live performances, such as performances ticketing and content, on-site event services, ticketing systems, and venue operations to the organization, as well as investment, production, and promotion of the performance contents. In addition, the company provides investment management and consultation services; invests in production and distribution of film, television drama series, and television copyrights; technological consultation, and technology transfer and services; technical promotion, computer system, and software design services; exchanging and planning services for screen-based, cultural, and art events; performance brokerage; and engages in the design, production, agency sale, and release of advertisements. Further, it offers advertising and sells entertainment related merchandise and derivative products; offers live streaming and human services; supplies cinema ticketing and connecting software systems; provides talent agency, software design and development, and IP related products; and sells pop toys and action figures. The company was formerly known as Alibaba Pictures Group Limited. The company is headquartered in Beijing, China.