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 the site and from its …
Alibaba BABA, -0.01% will pay $27.60 an American depositary share, a 35.1% premium over the closing price of Youku Tudou’s stock US:YOKU on Oct. 15, the day before Youku Tudou announced it had received the buyout proposal from …
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 …
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 …
Youku’s acquisition is Alibaba’s second big move in the said industry poised to return great value to Alibaba stock investors. Last year, Alibaba acquired majority stakes in ChinaVision Media and integrated it as Alibaba Pictures …
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 …
As the leading video-sharing website in the Middle Kingdom, Youku Tudou (NYSE: YOKU) enjoys star prospects as a small-cap growth stock. Youku Tudou operates as an Internet television company in the People’s Republic of China. …
The banking giant also raised its price target on the stock to $722 from $584 ... Shares are up 67.23% year-over-year …
The stock now trades at about $18/share. That's close to a 52-week low. It's also surprising, given that, Alibaba and Jack Ma's private equity firm Yunfeng made a $1.22 billion investment in Youku at the end of April, valuing their investment at …