Shareholders of Youku Tudou, the U.S. traded Chinese online video provider, will vote on its merger plan with Alibaba on March 14th and the approval will make it a fully owned subsidiary of Alibaba.
Alibaba, the New York Stock Exchange-listed Chinese e-commerce giant, is getting into video in a major way, after it announced plans to buy out Youku Tudou, one of China’s top YouTube-like services, ...
On November 6, 2015, Bloomberg Business reported that Alibaba (BABA) agreed to buy Youku Tudou (YOKU) for a total of $4.8 billion. The report states that Alibaba raised its offer price from the ...
On a tree-lined street in Tianjin, one of Asia's hottest directors, Wong Ching-Po, reclines in his foldout blue chair, one eye on the monitor in front of him. "This is the opening shot," mumbles Wong, ...
Chinese e-commerce and entertainment giant Alibaba has taken a $1.2 billion goodwill impairment charge against its video-streaming operation Youku. The move was disclosed on Wednesday as Alibaba ...
Imagine if YouTube pivoted to licensing and producing professional content years ago, transitioning away from user-generated videos to become more like Netflix or Hulu. This more or less sums up the ...
Damian Davila is a personal finance writer and marketing specialist. He also has 10+ years of experience as a GMAT instructor. Erika Rasure is globally-recognized as a leading consumer economics ...
Shares of Chinese video site Youku soared on its IPO today, closing at $33.44, which is 160 percent above its offering price of $12.80. Since Youku’s 15.8 million shares of American Depository ...
The online video giant will stream a revamped version of the classic preschool show featuring Tinky-Winky, Dipsy, Laa-Laa and Po. By Etan Vlessing Canada Bureau Chief The twin Chinese SVOD operators ...