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Tag Archives: Youku Tudou
Latest financial and Business news from youku tudou INC
Stock analysis for Youku Tudou Inc (YOKU:New York) including stock news, corporate company news, key statistics, fundamentals and company profile
Oriental Morning Post owner set to merge with Jiefang Group
As a Shanghai resident with a personal interest in the media, I’ve become quite familiar with my local media scene that is largely dominated by 3 state-owned companies. That’s why I was intrigued and even a little excited to read that 2 of those companies might be preparing to merge, hinting at a broader coming consolidation that could produce a handful of new national media giants capable of challenging stodgy old names like CCTV and Xinhua. Of course there’s no guarantee that any of these newer names would be any more creative than the existing giants, since all come from backgrounds as state-run enterprises that are often far less innovative than their private sector peers. Read Full Post…
The following press releases and media reports about Chinese companies were carried on October 12-14. To view a full article or story, click on the link next to the headline.
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China Telecom (HKEx: 728), Unicom (HKEx: 762) Get FDD-LTE Spectrum Allocations (English article)
Blackstone, Temasek give thumbs down to Pactera, Youku
Two Chinese tech leaders are feeling the effects of fickle western institutional investors, with word that one big name has lowered its buyout offer for IT outsourcing firm Pactera (Nasdaq: PACT) , while another has dumped its sizable stake in video sharing site Youku Tudou (NYSE: YOKU). In the former case, it’s private equity giant Blackstone that’s lowered its offer for Pactera, while in the latter its Singaporean sovereign wealth fund Temasek dumping its Youku Tudou stake. Both cases are due to company specific factors; but they also show that big-name investors may carry a certain level of prestige for companies that attract them, but they also bring a certain level of risk. Read Full Post…
The following press releases and media reports about Chinese companies were carried on August 9. To view a full article or story, click on the link next to the headline.
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Trina (NYSE: TSL), Yingli (NYSE: YGE) Among Bidders For Suntech – Source (Chinese article)
Canadian Solar (Nasdaq: CSIQ) Reports Q2 Results (PRNewswire)
Tencent’s (HKEx: 700) 51Buy Adds Delivery Tracking Feature to Mobile App (English article)
After watching leading online video site Youku Tudou (NYSE: YOKU) search for most of its life for projects with profit potential, I’m happy to finally see a new Internet TV initiative by the company that looks like it could have strong prospects. We’ll need to see some more details about this initiative and whether it actually happens before I can comment too much on its actual potential. But this move into the more mainstream TV market could be just the kind of boost that Youku Tudou needs in its quest to find sustainable profits. Read Full Post…
The following press releases and media reports about Chinese companies were carried on August 2. To view a full article or story, click on the link next to the headline.
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Fund House ChinaAMC Launches Service On Tencent (HKEx: 700) WeChat (Chinese article)
Youku Tudou (NYSE: YOKU) To Enter Internet TV Arena – Reports (English article)
Online Marketplace 58.com Plans NY IPO This Year To Raise Up To $100 Mln (Chinese article)
Toyota (Tokyo: 7203) Expects To Meet China Sales Target Despite July Slip (English article)
ZTE Wins 5 Pct Of Global Smartphone Market In Q2 (Businesswire)
The following press releases and media reports about Chinese companies were carried on June 21. To view a full article or story, click on the link next to the headline.
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SEC Charges China MediaExpress, CEO With Fraud (English article)
Alibaba’s 1688.com Launches Group Buy Channel (English article)
Sina’s (Nasdaq: SINA) Weibo microblogging platform is moving in many different directions these days, this time adding a major video component through a new tie-up with online video leader Youku Tudou (NYSE: YOKU). This new tie-up looks smart in some ways, as it pairs 2 leaders in online entertainment spaces that look complementary. But at the same time, Sina needs to be careful in its zealous campaign to commercialize Weibo, or risk alienating its millions of users and eventually driving them away to a growing array of rival products entering the market. Read Full Post…
The following press releases and media reports about Chinese companies were carried on June 8-10. To view a full article or story, click on the link next to the headline.
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UK Lawmakers Say Huawei-BT (London: BT) Deal Exposes Flawed Security Controls (English article)
Youku Tudou (NYSE: YOKU), Sina (Nasdaq: YOKU) Collaborate On Content Promotion (PRNewswire)
Amazon (Nasdaq: AMZN) Kindle Reader Makes Formal China Launch (Chinese article)
Sohu’s (Nasdaq: SOHU) Sogou Denies Reports Of Acquisition By Alibaba (Chinese article)
US Food Workers Union Comments On China Poultry Plant Disaster (Businesswire)
There’s lots to say about word that Internet portal operator Sohu (Nasdaq: SOHU) is selling its Sogou search unit to industry leader Baidu (Nasdaq: BIDU), starting with the strong possibility that this latest in a sudden string of rumors about Sogou may be true. Sogou’s chief executive has already said publicly the unit was for sale, naming Baidu as one of the leading bidders. The only slight contradiction in the mix comes from comments by Charles Zhang in an interview late last week, which I’ll return to shortly. Read Full Post…
There’s a flood of earnings out today from US-listed Chinese firms, so I’ve decided to focus on online video leader Youku Tudou (NYSE: YOKU) and fast rising e-commerce firm Vipshop (NYSE: VIPS), whose shares are showing some unusual reaction to their respective results. In both cases, market outlook was clearly a major factor that helped Youku Tudou shares rally despite a weak report, even as Vipshop tumbled on what seemed like solid results. Read Full Post…