Alibaba Launches Netflix–Like Service TBO, But Faces Battle To Persuade China’s Consumers To Pay To Watch

SHANGHAI -- Chinese e-commerce giant Alibaba is set to launch its online video-streaming service, in another sign of the company's broadening ambitions, following the success of its initial public offer (IPO) in New York last year. But experts say it will be joining an already crowded market -- where few customers are used to paying for content.

from International Business Times http://bit.ly/1JSVPgD