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Alibaba To Launch Netflix-Like Video Streaming Service In Two Months


Ron Burgundy
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Guards stand near an entrance to Alibaba's headquarters in HangzhouAlibaba Group Holding Ltd will launch an online video streaming service in China in about two months, hoping to emulate the U.S.'s Netflix Inc and HBO, the firm's head of digital entertainment said on Sunday. The service will be called 'TBO', or Tmall Box Office, with content bought from China and other countries, as well as in-house productions, Alibaba's Patrick Liu told reporters in Shanghai.




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