Alibaba could partner with Paytm and UCWeb to launch OTT video service in India: Report

By Digit NewsDesk | Published on 18 Jan 2018
Alibaba could partner with Paytm and UCWeb to launch OTT video service in India: Report
HIGHLIGHTS

The new OTT service will reportedly be launched in partnership with Alibaba’s Indian investee Paytm along with UCWeb, its mobile Internet subsidiary.

Advertisements

Working from home?

Don’t forget about the most important equipment in your arsenal

Click here to know more

The Chinese online retailer Alibaba could soon launch an over-the-top (OTT) video service for Indian consumers in the next three months. According to a report by The Ken, the e-commerce platform will launch the new service in partnership with Paytm, in which the company has heavily invested, along with its mobile Internet subsidiary UCWeb.

Alibaba commented on the development saying, “India is key in our globalisation strategy and we are committed to growing our existing businesses in this market in the long term.” However, a senior Paytm official stated on condition of anonymity, “It’s (the OTT service) an obligatory play. The global player does it, so we have no option but to follow it.”

As per the report, Alibaba has been looking for quality content creators and production houses in Mumbai from some time. The company is also said to be headhunting for a Strategic Alliance Head in Gurugram along with a Strategic Alliance Head for Video in either Mumbai or Gurugram. However, the positions are not displayed on the company’s careers portal. The report’s sources state that both the positions would fall under the company’s subsidiary UCWeb.

Alibaba could face tough competition in the OTT video service segment in India. There are both global and local content providers in the country like Netflix, Amazon Prime, Hotstar, Voot and more. Hotstar recently announced that it will allow users to view the upcoming Vivo IPL series in Virtual Reality. Users will be able to watch the cricket matches in VR, select from different camera angles and commentary languages, react using cricket emojis, and access on-demand replays and highlights on a “Super-fan feed”.

logo
Digit NewsDesk

The guy who answered the question 'What are you doing?' with 'Nothing'.

Digit caters to the largest community of tech buyers, users and enthusiasts in India. The all new Digit in continues the legacy of Thinkdigit.com as one of the largest portals in India committed to technology users and buyers. Digit is also one of the most trusted names when it comes to technology reviews and buying advice and is home to the Digit Test Lab, India's most proficient center for testing and reviewing technology products.

We are about leadership-the 9.9 kind! Building a leading media company out of India.And,grooming new leaders for this promising industry.

DMCA.com Protection Status