China Top Online Video Site Youku.com and Tudou.com merged
The No.1 and No.2 online video sites in China: Youku.com and Tudou.com, merged today. Now another online video giant born. The combined company will be called Youku Todou Holdings, and Youku will own 71.5% holders, Tudou will own 28.5% holders. The stock will continue to trade under the symbol YOKU on the NYSE. “We intend [...]
