Scalper1 News
Netflix (NFLX) stock fell Monday on news that China Internet giant Alibaba Holdings (BABA) will launch its own online video streaming service in China in August. “Our mission, the mission of all of Alibaba, is to redefine home entertainment,” Alibaba’s head of digital entertainment, Patrick Liu, told reporters in Shanghai, according to a Reuters report on Sunday. “Our goal is to become like HBO in the United States, to become like Netflix in the Scalper1 News
Scalper1 News