Youku, China’s leading Internet television company, officially announced Soku — a professional video search engine specializing in video search covering the entire Youku network, as well as all the ...
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.
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 ...
E-commerce giant Alibaba has announced that it has completed its takeover of Chinese video streaming giant Youku Tudou. The company revealed a “going private” transaction in November last year and ...
Social networking may get all the rave but latest stats from comScore reveal Chinese Internet users actually spend the bulk of their time on portal sites (24.4 percent) followed by entertainment (9 ...
The online video market in China is a fragmented scene dominated by national portals where sites like YouTube don’t even get a look in; but today sees that market move one step closer to consolidation ...
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, ...
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 ...
Chinese Internet users spend 24.4% of their time on portal sites, 9% on entertainment, 6.2% on search, and 5.5% on social networking, Adaline Lau writes, citing comScore numbers. She uses those stats ...
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, ...