Alibaba to launch video streaming service

Alibaba to launch video streaming service Market News – Alibaba (NYSE: BABA) is planning to build China’s version of Netflix (NASDAQ: NFLX) and HBO (NYSE: TWX) via a new service called Tmall Box Office. “We want to create a whole new family entertainment experience,” Alibaba’s Liu Chunning told reporters in Shanghai. TBO will launch in about…