On November 6, 2015, Bloomberg Business reported that Alibaba (BABA) agreed to buy Youku Tudou (YOKU) for a total of $4.8 billion. The report states that Alibaba raised its offer price from the ...
As Hollywood navigates the world of streaming, a Chinese animation studio is doubling down on a viewer-centric approach.
The combined entity is estimated to have a more than 30 percent share of the Chinese online video market following the $1 billion stock deal. By Georg Szalai Global Business Editor Chinese online ...
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, ...
Add Yahoo as a preferred source to see more of our stories on Google. The Story of Pearl Girl, Brocade Odyssey (Photo Credit: Youku) Youku, one of China’s most popular streaming platforms, has ...
"Walker," the breakout hit from 2012's Original Masters' Project, makes waves overseas with an L.A. film festival honor. By Clifford Coonan The second annual Youku Original Masters’ Short Film Project ...
On October 16, Alibaba (BABA) announced its intention to acquire the remaining Youku Tudou (YOKU) shares that Alibaba does not already own. It was an all-cash transaction, at $26.60 per share. Alibaba ...
A top-level reshuffle is sending shockwaves across one of China’s biggest online video businesses. Yang Weidong has stepped down as the president of Alibaba’s video streaming unit Youku, the ...
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 ...
Prior to the announcement of earnings in March, shares of Youku.com (YOKU) looked like they were setting up for a substantial drop. The shares had risen from below $15.00 to over $27.00 in just a few ...
Damian Davila is a personal finance writer and marketing specialist. He also has 10+ years of experience as a GMAT instructor. Erika Rasure is globally-recognized as a leading consumer economics ...
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