September 16, 2015 / 5:08 PM / 2 years ago

BUZZ-Alibaba Group Holding Ltd: Reclaims IPO price

1 Min Read

** Alibaba shares rise as much as 5 pct to reclaim their $68 IPO price

** DHX Media Ltd, known for its popular titles such as Teletubbies, signs deal to provide content to Alibaba's video on demand (VOD) service

** Co's VOD service currently available on its Tmall Box, a content-delivery set-top box, OTT devices and various smart TVs in China

** Alibaba has rebounded 11.5 pct since a weekend Barron's report prompted the stock to fall Monday

** Separately, Shenzhen-based electronics and telecom products maker Konka Group said it signed an agreement with Alibaba's online T-mall platform (RM: lance.tupper.thomsonreuters.com@reuters.net)

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