Youku Tudou

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Youku Tudou (Chinese: 优酷土豆) is the result of the 2012 merger of Chinese internet sites Youku and Tudou,[1][2] creating one of China's biggest video sites.[3] Prior to the announcement of the merger, Youku was the #11 website in China, and Tudou was #14.[4] The chairman of the board is Victor Koo, the founder of Youku. The company had a stock listed on the NYSE, YOKU before being acquired by Alibaba Group on 6 November 2015.[5] In December 2016 it reported it had 30 million subscribers.[6]

References[edit]

  1. ^ Hille, Kathrin (12 March 2012). "Youku and Tudou to merge amid cost rises". ft.com. Retrieved 16 April 2012. 
  2. ^ BARBOZA, DAVID (12 March 2012). "2 Video Web Sites in China Plan a Merger". nytimes.com. Retrieved 16 April 2012. 
  3. ^ Takada, Kazunori (12 March 2012). "Youku to buy Tudou, creating China online video giant". reuters.com. Retrieved 16 April 2012. 
  4. ^ Flannery, Russell (12 March 2012). "Land Of The Large: Youku, Tudou Merger Latest In China's Web Consolidation". forbes.com. Retrieved 16 April 2012. 
  5. ^ https://www.bloomberg.com/news/articles/2015-11-06/alibaba-agrees-to-buy-video-site-youku-tudou-for-27-60-a-share
  6. ^ Xiang, Tracey (12 December 2016). "China's Online Video Market in the Middle of Transition to Paid Subscribers, Self-Produced Content". TechNode. Retrieved 2 January 2017.