LeSports secures $1.2 billion in series B financing
The company, now valued at $3.3 billion, specializes in acquiring streaming rights to sporting events, as well as creating “smart” fitness devices.
Youku Tudou says yes to Alibaba proposal
The YouTube-like Chinese digital video platform will become part of Jack Ma’s growing media empire as Alibaba looks to dominate in the VOD space.
Alibaba, Youku Tudou make merger final
In a deal worth about $3.5 billion, the Chinese e-commerce and ad-tech giant assumes 60.6% total voting power of the YouTube-like brand.
Alibaba digs deep in proposed Youku Tudou acquisition
Execs from the e-commerce giant say digital entertainment is core to its strategy of promoting the consumption of virtual goods and services.
Alibaba announces SVOD service in China
Experts say citizens are more likely to opt for a made-in-China offering. So what does this mean for Netflix?
Netflix shares soar as China talks continue
A rumored partnership with Jack Ma (pictured) may offset what some financial experts say may be a bumpy ride for the popular SVOD.