Shares of Youku Tudou (YOKU) sank more than 6% in Friday reporting after the company fell short of first-quarter revenue estimates. Youkou.com stock dropped on news that the Chinese video website generated revenue of just $112.4 …
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 market cap of …
Yes, it is Youku (NYSE:YOKU). I wrote about it in January, pointing out how crazy its valuation was and the fact that it is in a tough war against many competitors. Yet, the stock price rose from about $36 when I wrote it to as high as $52 …
In an all-stock deal, China’s leading online video provider, Youku Inc. (NYSE: YOKU), is merging with Tudou Holdings Ltd. (NASDAQ: TUDO). Tudou shareholders will receive 7.177 shares of Yoku stock for each share of Tudou they hold. …
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 Tudou Inc. (NYSE: YOKU). The Alibaba stock
Tencent's (NASDAQOTH:TCEHY) stock soared more than 700% over the past five years ... iQiyi and Tencent Video are both larger than Alibaba's Youku Tudou, …
NEW YORK (CNNMoney) -- Two Chinese online video companies agreed to merge Monday in ... surged 240% in afternoon trading. Youku's U.S. shares jumped 18% on the New York Stock Exchange. The deal is expected to close …
Eyebrows went up last week when the stock of a crappy Chinese video company, Youku (YOKU), soared after its IPO last week. After all, here was a company with ~$43 million in revenue and ~$30 million in losses over the past year …
If the Transaction is completed, Youku Tudou’s ADSs will no longer be listed on the New York Stock Exchange. Morgan Stanley Asia Limited is acting as financial advisor to Alibaba. Simpson Thacher & Bartlett LLP is serving as U.S. legal …
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 …