2014-04-28
Alibaba Youku Deal Creates New Way To Monetize Video Sites In China
The author is Tian X. Hou, founder and CEO of Chinese equity research firm T.H. Capital Youku Tudou announced today that it has agreed for a $1.22 billion investment from Alibaba Group. The investment will give Alibaba an 16.5% stake of Youku. Yunfeng Capital will take a 2% stake in return. We believe the partnership […]
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