Alibaba buys $1.2B stake in Youku to bolster its video portfolio ahead of its IPO
Alibaba spent a whopping $1.2 billion on a stake in the Chinese video service Youku. However, the investment could be less than one percent of Alibaba’s IPO valuation.
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Now China’s big online video beast has all of Hollywood
Don’t call it ‘China’s Netflix’, but, fresh from its cost-saving merger, Asian video leader Tudou Youku now has agreements with all Hollywood majors to show their movies to its two million paying online video customers.
Video portal LeTV going to Chinese living rooms through its own TVs
Why distribute your video over third-party internet boxes when you can make your own internet TV? Chinese portal LeTV wants to own each piece of the online video chain.
Chinese video leaders Youku and Tudou merge to cut costs
China’s online video market is set for strong growth – so much so that the leading services are merging to share the costs of expansion.
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China’s Got Talent – Youku powers the people’s pop hopes
China’s YouTube strikes a deal with broadcasters to power a western-style singing contest, as it merges with rival Tudou in a $1 billion deal.
Online Video Sales Growing In China
Online video is becoming a fast-growing business in China, as well as the west.
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Will Youku Become China’s Netflix?
Not long ago, the only way to watch movies like Inception in China was to buy a pirated DVD. Youku.com wants to change that by offering Western blockbusters through VOD and Netflix-like subscriptions. Does the site have what it takes to become China’s Netflix?
Chinese Video Site Youku’s Stock Soars In IPO
The stock of Chinese video site Youku is rising at dot-com boom IPO-like levels today. The company, which filed to go public on the New York…
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Chinese Video Site Youku To Air Disney Content
The major Chinese video sites apparently are now trying to play nice with Hollywood. Youku, which boasts more than 200 million views a month…
Chinese Video Site Tudou Will Be Going Public “Soon”
Tudou.com, the second-largest online video site in China, is making plans for an IPO on the Western markets, according to a report by Bloomberg. The offering, which Tudou CEO Gary Wang told Bloomberg was “inevitable,” comes as competition heats up in the Chinese online video market.
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Video Interview: Youku.com and the Chinese Video Landscape
Understanding online video in China from afar can be challenging. The role of user generated content, regulatory and copyright issues are in many…
Youku Raises $40M, Might Add Another $40M
While the shakeout in the online video market has already occurred in the U.S. with YouTube reigning supreme over other sites, in…
China Tightens Grip on Web Video
The Chinese government issued an edict this week that all movies, TV shows and cartoons distributed over the Internet or on mobile…
$30M: The Magic Number for Resource-Hungry Chinese Video Sites
The Chinese video market is currently much more volatile than ours in the U.S., with startups scoring huge rounds of funding to…
Chinese Video Site Youku Raises $40 Million Fourth Round
Concerns over online video limitations in China aren’t stopping the flow of money into the sector… Youku says it has raised a $40 million…
Chinese Video Sharing Site Youku Raises $25 Million Third Round
Chines video-sharing site Youku.com has raised a big $25 million third round from Bain Capital subsidiary Brookside Capital Partners and pre…
