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Shareholders of Youku Tudou, the U.S. traded Chinese online video provider, will vote on its merger plan with Alibaba on March 14th and the approval will make it a fully owned subsidiary of Alibaba.
Youku Tudou, already one of China’s largest streaming video sites, is moving into hardware as well. The company said that its first three devices—a WiFi router, smart TV box, and 15.6-inch Android ...
Shares of Chinese video site Youku soared on its IPO today, closing at $33.44, which is 160 percent above its offering price of $12.80. Since Youku’s 15.8 million shares of American Depository ...