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.
Freddie Wong’s RocketJump takes off in China
The digital prodco has brought its teen-targeted programming to the Asian market, with more to come, following a deal with Alibaba’s Youku Tudou.
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.
Youku Tudou records fourth quarter loss, revenue gain
The Chinese internet television giant, which claims a 40% market share, hopes to derive half of its future revenue from native web content.