Chinese online video service provider Youku Tudou Inc is eyeing a domestic stock listing within three years to boost its competitiveness in the country's cash-burning video sector. The announcement came as e-commerce giant Alibaba …
Reporting from Beijing — Youku Inc., China’s leading online video site, reached an agreement to merge with its smaller competitor, Tudou, in a stock deal between the two New York-listed companies worth more than $1 billion. The deal, …
Either way, it would take close to four days to cover these shorted shares, at the stock's average pace of trading. Today's 2.4% drop notwithstanding, YOKU is off to a promising start in 2013, having gained nearly 17% year-to-date. In fact, the …
Youku, a Chinese mash-up of online video websites Hulu and YouTube, debuted at $12.80 a share, surpassing the company’s expectations. Its stock nearly tripled to close at $33.44, making it the biggest first-day gainer of the year. …
Dangdang, an online retailer similar to Amazon, and Youku, which models itself on YouTube, were both floated on the New York Stock Exchange on Wednesday. Youku was the best performer, almost tripling from a $12.80 offering price to …
Last week, shares of Youku, called the YouTube of China, rose 161 percent in the first day of trading on the New York Stock Exchange. E-commerce China Dangdang, an online retailer heralded as the Chinese Amazon.com, popped 87 …
In a joint statement on Friday, the two companies said the all-cash transaction involved paying Youku US$27.60 per American depositary share, which represents 18 ordinary shares. The acquisition cost represents a premium of 35.1 …
Wu Hong—EPA By Kevin Kelleher July 8, 2015 The great Chinese stock bubble of 2015 has ... Sina has fallen 15% while its peers in the online-media industry have slipped further: Yoku down 19%, Sohu and Weibo both down 20%, …
Chinese online video service provider Youku Tudou Inc is eyeing a domestic stock listing within three years to boost its competitiveness in the country's cash-burning video sector. The announcement came as e-commerce giant Alibaba …