Sunday June 14, 2015

Alibaba Launching A Netflix-Like Streaming Service Soon

I'm actually kind of surprised China hasn't copied Netflix and HBO sooner than this. eek!

Alibaba Group Holding Ltd will launch an online video streaming service in China in about two months, hoping to emulate the U.S.'s Netflix and HBO, the firm's head of digital entertainment said on Sunday. "Our mission, the mission of all of Alibaba, is to redefine home entertainment," said Liu. "Our goal is to become like HBO in the United States, to become like Netflix in the United States."