Alibaba Group (BABA) Expands Participation in Access Advance VDP Pool

Alibaba Group Holding Limited (NYSE:BABA) is one of the undervalued stocks to buy according to the Wall Street. On July 2, Access Advance LLC and Alibaba Group announced that Alibaba expanded its participation in the Video Distribution Patent/VDP Pool by becoming a Licensee. This agreement provides Alibaba access to a comprehensive license for HEVC, VVC, VP9, and AV1 codec technologies, building upon the company’s existing role as a Licensor in the pool and its previous engagement through the VVC Advance Patent Pool.

The VDP Pool’s single-license structure simplifies the complex licensing needs of Alibaba Group Holding Limited’s (NYSE:BABA) diverse ecosystem, which spans e-commerce, digital media, and entertainment. By consolidating coverage for four major video codecs into one royalty rate, the agreement removes the need for multiple bilateral contracts, allowing Alibaba to scale its video-based services more efficiently as it continues to integrate advanced streaming technologies.

Alibaba Group (BABA) Expands Participation in Access Advance VDP Pool

Christopher Penler / Shutterstock.com

Both organizations highlighted this expansion as a meaningful step in their multi-year collaboration, emphasizing a shared commitment to a stable licensing ecosystem. This partnership aims to support the continued development and adoption of next-generation video standards, ensuring that innovations remain accessible and beneficial for both patent holders and technology users across the global market.

Alibaba Group Holding Limited (NYSE:BABA) operates as a technology infrastructure and marketing solutions provider. It operates both within the People’s Republic of China and internationally. The company was founded by Chung Tsai and Yun Ma in June 1999 and is headquartered in Causeway Bay, Hong Kong.

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