Alibaba Group Holding Limited has entered into a definitive merger agreement to acquire Chinese online video platform Youku Tudou Inc. at slightly improved price in a deal valued around US$4.8 billion, according to a company announcement. Alibaba will acquire the remaining 81.7% stake of Youku Tudou that it does not already own for US$27.60 per […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.