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Ma-backed Wasu held talks with Netflix

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Bloomberg
Last Updated : May 19 2015 | 12:39 AM IST
Wasu Media Holding Co, the Chinese media company backed by Jack Ma, has held talks with Netflix Inc as the broadcaster of House of Cards seeks to enter China's $5.9-billion online video market.

While Wasu "has talked with Netflix recently," it hasn't reached any "solid agreements on cooperation or content," the Chinese company said in a statement to the Shenzhen stock exchange on Monday.

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First Published: May 19 2015 | 12:02 AM IST

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