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 in the third …
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 …
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 …
While this all sounds great for Youku Tudou, there is no hiding the hit the company has taken from the deteriorating Chinese economy. The company's stock has fallen more than 42% since its highest point in June, right before the …
UK games publisher Team17 will seek to float on the AIM market of the London Stock Exchange this month ... Its line-up for 2018 includes Yoku's Island …
Valuing Youku Tudou at $5.40 billion, Alibaba paid US$27.6 per New York Stock Exchange-listed ADS. As Alibaba and Jack Ma’s Yunfeng fund already owned close to a fifth of the company, Alibaba paid some $4 billion for the outstanding …
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 IPO for Youku.com (Nasdaq: YOKU) priced its 15,847,700 ADSs initial public offering at $12.80 per shares, above the expected $9-$11 range. The offering is being led by Goldman Sachs (Asia) L.L.C. and Allen & Company LLC. …