NEW YORK (CNNMoney) -- Two Chinese online video companies agreed to merge Monday in an all-stock ... Investors who own U.S.-listed shares of Tudou will be offered 1.6 shares of Youku Inc. (YOKU), according to a joint statement. …
China's top two online video companies are joining forces, with Youku.com buying smaller rival Tudou Holdings Ltd in an all-stock deal worth more than $1 billion, creating an industry leader with more than a one-third share of a market that is …
The all-stock deal has been valued at just over $1 billion according to media reports. The combined venture, to be known as Youku Tudou Inc., will be the Chinese leader but will still face competition from other important players including Baidu …
HONG KONG (MarketWatch) -- The Chinese online video company Youku Inc. yoku will acquire Tudou Holdings Ltd., tudo its main competitor, in an all-stock deal, according to a joint statement Monday by the companies. Under the …
Online video company Youku.com Inc’s YOKU.N stock rose to $33.44, or 161 percent, above its IPO price in its first day of trading. The shares of online retailer E-Commerce China Dangdang Inc DANG.N rose to $29.91, or 87 percent, above …
The stock of Chinese video site Youku is rising at dot-com boom IPO-like levels today. The company, which filed to go public on the New York Stock Exchange last month, ended up pricing its stock at $12.80 a share, above the $9 to $11 …
Shares of Pacific Capital climbed 58% to $45.44 premarket. China online video company Youku reached an agreement to acquire its chief competitor, Tudou Holdings Ltd. (TUDO), in a stock-for-stock transaction that will solidify the …
SHANGHAI (Reuters) - China’s top two online video companies are joining forces, with Youku.com buying smaller rival Tudou Holdings Ltd in an all-stock deal worth over $1 billion, creating an industry leader with more than a one third …