Alibaba says it is not making an investment in Netflix

Alibaba Group Holding Inc is not making an investment in Netflix Inc.

Reuters| Updated: Aug 06, 2016, 02:29 AM IST

San Franciso: 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 U.S. video service.