Alibaba says it is not making any investment in Netflix

By Reuters
6 August 2016, 18:00 PM
UPDATED 7 August 2016, 00:00 AM
Alibaba Group Holding Inc is not making an investment in Netflix Inc, Alibaba spokesman Bob Christie told Reuters on Friday.

Alibaba Group Holding Inc is not making an investment in Netflix Inc, Alibaba spokesman Bob Christie told Reuters on Friday.

Christie was responding to market rumours about a possible deal between the Chinese e-commerce company and the US video service.