Posts tagged as youku

  • youku

    Monday, November 9th 2015

    Alibaba takes full control of China’s YouTube clone

    by Markus Huber

    Alibaba, China’s huge e-commerce provider, has agreed to acquire Youku-Tudou, the country’s largest equivalent to YouTube. The acquisition would validate Youku at some €4.1 billion. The deal will probably go ahead next year since it still depends on approval from Youku’s shareholders. Although this is considered a formality, as Alibaba already holds a large stake […]