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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
The following press releases and media reports about Chinese companies were carried on May 16. To view a full article or story, click on the link next to the headline.
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EU warns China It Is Ready To Launch Telecoms Probe (English article)
I’ve written too much recently about neglected web portal Sohu (Nasdaq: SOHU), but the latest rumors of a potential tie-up between the company and PPTV, operator of one of China’s leading video websites, are just too irresistible for me to ignore. Those rumors say Sohu is in talks to combine its own online video business with PPTV to create one of the nation’s top 3 players. News of such talks comes just a couple of weeks after leading search engine Baidu (Nasdaq: BIDU) purchased another top video site, PPS, for $370 million, and indicates a new wave of consolidation in China’s Internet space may be gaining momentum. Read Full Post…
Less than 2 weeks after buying a major stake in leading Chinese microblogging site Sina (Nasdaq: SINA) Weibo, e-commerce leader Alibaba is back on the acquisition track with word that it’s on the cusp of another deal to buy a similar strategic stake in mapping services firm AutoNavi (Nasdaq: AMAP). While this newest deal would be a bit smaller than the Weibo tie-up, it marks the latest transaction in a nascent M&A wave among China tech firms that looks set to gain momentum during the rest of the year. Read Full Post…
After a dismal first quarter, we’re seeing the latest signs of new life in the moribund market for offshore Chinese IPOs with the planned launch of 2 major new offerings later this week in Hong Kong. The pair of IPOs, one for brokerage Galaxy Securities and the other for a unit of oil major Sinopec (HKEx: 386; Shanghai: 600028; NYSE: SNP), could raise up to $3.5 billion combined, following a dismal first quarter for new listings. The IPOs would also come as online retailer LightInTheBox seeks to launch the year’s first public offering for a Chinese company in New York later this month. Read Full Post…
A new crackdown on Chinese websites that traffic in pirated material is coming as welcome news to China’s struggling online video sharing sector, where companies are still struggling to find success in a tough market. But while it’s easy to blame the pirates for their woes, China’s money-losing video sharing sites are also simply victims of choosing a sector where earning profits is extremely difficult if not impossible. That reality is reflected in the fact that sector pioneer YouTube still struggles to earn money, even some eight years after it was first established. Read Full Post…
Local media have been buzzing these past few days with word that online search leader Baidu (Nasdaq: BIDU) is on the cusp of clinching a deal to buy video sharing site PPS, in a move that would instantly create a solid new number-two player in China. The only problem is that this space is turning out to be a very difficult one to earn money, as reflected by an unrelated new interview showing profits could still be years away for money-losing industry leader Youku Tudou (NYSE: YOKU). Read Full Post…
The following press releases and media reports about Chinese companies were carried on April 11. To view a full article or story, click on the link next to the headline.
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Yum Brands (NYSE: YUM) Still Struggling In China Amid Bird Flu Fears (English article)
I quite admire scrappy smartphone start-up Xiaomi for its savvy marketing tactics, but I’m beginning to have doubts about some of its more strategic choices after reading about its latest tie-up with the stodgy China Central Television (CCTV), China’s dominant state-run TV broadcaster. Xioami is in a challenging place in its development, as it tries to make the transition from a niche maker of low-cost, high-performance smartphones to a more mainstream company with a wider range of product and service offerings. The company in many ways is trying to follow in the footsteps of its idol, US tech giant Apple (Nasdaq: AAPL), which also has made the transition in the last 5 years from a relative niche player to the world’s biggest tech company.
The following press releases and media reports about Chinese companies were carried on January 11. To view a full article or story, click on the link next to the headline. ══════════════════════════════════════════════════════
Alibaba Group Reorganizes into 25 Business Units (English article)
Founder of Group Buying Site 24Quan Confirms Company Has Closed (Chinese article)
Apple’s (Nasdaq: AAPL) Tim Cook Meets With China Mobile (HKEx: 941) Chmn (English article)
Tencent (HKEx: 700) to Fully Open Cloud Service (English article)
Morgan Stanley (NYSE: MS) Buys 7.1 Pct of Youku Tudou (NYSE: YOKU) (Chinese article)
The latest “me-too” war is brewing on China’s vibrant but crowded Internet with word that online video specialist LeTV is rolling out a new set-top box product that will allow consumers to surf the Web on their TVs. This new product roll-out comes just a month after up-and-coming smartphone maker Xiaomi launched its own set-top box product, and not long after PC giant Lenovo (HKEx: 992) also entered this space that looks promising but has yet to find a major audience. (previous post)
New music and video moves by Baidu (Nasdaq: BIDU) and Qihoo 360 (NYSE: QIHU) reflect the intensifying competition between China’s dominant search engine and a fast-rising challenger, providing an interesting new form of entertainment for industry watchers. Media are reporting that Baidu has just acquired a video search and recommendation website called Jinwankansha, whose Chinese name means “What Are You Watching Tonight?” If true, the acquisition would be one of a series of recent signals that indicate Baidu is preparing to make a serious play for the online video market, potentially challenging more established players like Youku Tudou (NYSE: YOKU) and Sohu (Nasdaq: SOHU). Meantime, Qihoo 360 has also formally launched its own music service tied to its fast-rising search business, in what looks like a direct shot at rival services operated by Baidu.
I quite admire scrappy smartphone start-up Xiaomi for its savvy marketing tactics, but I’m beginning to have doubts about some of its more strategic choices after reading about its latest tie-up with the stodgy China Central Television (CCTV), China’s dominant state-run TV broadcaster. Xioami is in a challenging place in its development, as it tries to make the transition from a niche maker of low-cost, high-performance smartphones to a more mainstream company with a wider range of product and service offerings. The company in many ways is trying to follow in the footsteps of its idol, US tech giant Apple (Nasdaq: AAPL), which also has made the transition in the last 5 years from a relative niche player to the world’s biggest tech company.
The latest “me-too” war is brewing on China’s vibrant but crowded Internet with word that online video specialist LeTV is rolling out a new set-top box product that will allow consumers to surf the Web on their TVs. This new product roll-out comes just a month after up-and-coming smartphone maker Xiaomi launched its own set-top box product, and not long after PC giant Lenovo (HKEx: 992) also entered this space that looks promising but has yet to find a major audience. (
New music and video moves by Baidu (Nasdaq: BIDU) and Qihoo 360 (NYSE: QIHU) reflect the intensifying competition between China’s dominant search engine and a fast-rising challenger, providing an interesting new form of entertainment for industry watchers. Media are reporting that Baidu has just acquired a video search and recommendation website called Jinwankansha, whose Chinese name means “What Are You Watching Tonight?” If true, the acquisition would be one of a series of recent signals that indicate Baidu is preparing to make a serious play for the online video market, potentially challenging more established players like Youku Tudou (NYSE: YOKU) and Sohu (Nasdaq: SOHU). Meantime, Qihoo 360 has also formally launched its own music service tied to its fast-rising search business, in what looks like a direct shot at rival services operated by Baidu.
