Alibaba to launch Netflix-like video streaming service in two months

A receptionist works at Alibaba’s headquarters in Hangzhou, capital of East China’s Zhejiang province, Jan 30, 2015. [Photo/Xinhua] Alibaba Group Holding Ltd will launch an online video streaming service in China in about two months, hoping to emulate the US’s Netflix Inc and HBO, the firm’s head of digital entertainment said on Sunday. The service will…