On Wednesday Chinese online video/TV site Youku.com (NYSE: YOKU) went public after pricing its shares at $12.80, up from the original range of $9-$11. On its first day of trading, the company ended the day with a …
Anna is a financial writer for US and Chinese stocks and she also invests in the same. She was previously an investment banker in New York Hong Kong and London for 9 years, focused on Equity Capital Markets. She is …
Case Western Reserve University
Or, rather, Youku will swallow up Tudou in its entirety. It will involve a 100 percent stock-for-stock transaction between Youku and Tudou that will end up with “Youku and Tudou shareholders and ADS holders owning …
The new bid was at a 35% premium to Youku’s stock price as of October 15, 2015, a day before the initial offer by Alibaba. YoukuTudou derives its revenues primarily from video advertising inserted in the videos shown on …
Youku Tudou
Youku Tudou Inc. (YOKU) was a big mover last session, as its shares rose just nearly 8% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the …
The new price is 35 percent above Youku’s stock price the day before the initial bid was disclosed. Youku’s board has approved the merger agreement, Alibaba, which already owned a minority stake in the company, …
Bloomberg L.P.
Alibaba stock was flat Friday afternoon, near 72. Alibaba already owned 18.3% of Youku Tudou, acquired in May 2014 for $1.2 billion. Alibaba will pay $26.60 a share for the remaining stock, a 30% premium from Youku
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. Chinese online video giant Youku said Monday that it has completed its …
Kyle Anderson: The Alibaba stock price was up as much as 2.6% Friday morning after Alibaba Group Holding Ltd. (NYSE:BABA) officials announced a $3.6 billion offer for the Chinese video streaming site Youku ... buy …
Youku Tudou (YOKU) stock is advancing in early morning trading on Friday, as it merges into Alibaba (BABA) in a deal valued around $3.7 billion. 2016 is not shaping up to be a great year for Internet unicorns -- but if recent …
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