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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
Corporate culture is seldom on public display for most of China’s top tech firms, even though such culture often determines the success or failure of a company and is well known to industry insiders. The internal cultures at PC giant Lenovo (HKEx: 922) and smartphone sensation Xiaomi were the subject of chatter in the blogosphere this past week, as executives from inside and outside the companies discussed the less visible side of these well-known names. In Lenovo’s case, the talk came from a company executive herself, on the release of her new book. The latter saw a couple of outside executives comment on less attractive elements behind the inside culture at China’s hottest smartphone maker.
Meantime, the viral “Ice Bucket Challenge” was also all over the tech sphere, with nearly every major executive mentioning the topic on his personal microblog. Many also took the plunge that raises money for a rare neurological disease, but has also been derided as little more than a publicity stunt. Read Full Post…
The following press releases and media reports about Chinese companies were carried on August 28. To view a full article or story, click on the link next to the headline.
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A new report on big investment plans in digital media by Hunan Satellite Television is shining a spotlight on this aggressive company in interior China, and its potential to become an important consolidator as Beijing looks to revamp the stodgy traditional media sector. According to that report, Hunan Satellite is planning to invest 1 billion yuan ($160 million) in its Mango TV service, which delivers video over the Internet and other digital platforms and competes directly with private sector firms like Youku Tudou (NYSE: YOKU) and Baidu’s (Nasdaq: BIDU) iQiyi. Read Full Post…
The following press releases and media reports about Chinese companies were carried on August 20. To view a full article or story, click on the link next to the headline.
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Solar Boom Driving First Global Panel Shortage Since 2006 (English article)
Fosun (HKEx: 656) Said In Talks To Buy Swiss Re’s Aurora in US (English article)
Regulators in new role as judges for industry clashes
China’s regulators have become involved in mediating a growing number of business disputes, reflecting the recent rise of a new generation of multibillion-dollar private sector companies that are rapidly growing beyond their traditional roots. In most cases, companies that began as Internet firms and high-tech manufacturers have encroached into a wide range of new areas like banking, TV and telecoms services, raising the hackles of big state-owned firms that previously dominated those sectors. Read Full Post…
I wrote earlier this week about a looming crackdown on private Internet-based video providers, and now that campaign appears to be building momentum with word of turbulence in the booming set-top box sector. The latest reports say industry veteran LeTV (Shenzhen: 300104) has withdrawn its set-top box product from the market, while e-commerce giant Alibaba is reportedly delaying the roll-out of its own similar product. The reports certainly don’t bode well for the fledgling sector of set-top boxes, which allow people to watch Internet-based video content on their TVs the same way they watch programs using traditional TV channels. Read Full Post…
Two major regulatory moves could have opposite effects for different areas of the Internet, providing relief for e-commerce firms while posing yet another new challenge for online video operators. In the former category, media are reporting the regulator that oversees e-commerce is talking with major players about modifying a controversial policy that gives consumers the right to unconditionally return most merchandise within a week of buying it. In the latter category, other media reports say the broadcasting regulator is continuing an ongoing campaign to rein in online video sites by limiting their ability to operate dedicated program channels similar to traditional TV. Read Full Post…
This week’s Street View takes us to Shanghai’s rapidly aging Maglev train, which was once the city’s pride and joy when it first opened in 2004 offering the world’s fastest speeds in a commercial rail service. The Maglev celebrated its 10th anniversary this year, even as debate grows about a technology that has been overtaken by slower but less costly high speed rail trains in the last few years. Read Full Post…
An important step in China’s ongoing battle against piracy is showing signs of being undermined, with word that a Shenzhen company that received a record fine for copyright violations was attempting to avoid the penalty through use of an old trick.
The Shenzhen government should take extra efforts to enforce the penalty, and also make sure that the company, QVOD, permanently ends its piracy practices. Such a tack would send a strong message to Chinese companies that intellectual property theft of any kind won’t be tolerated, and the government will tirelessly pursue culprits until they are brought to justice. Read Full Post…
China was traditionally known for its rampant piracy, but is now suddenly becoming a strong copyright protection advocate with the rise of a new generation of video site operators looking to protect their intellectual property. In the latest twist of this new and somewhat unexpected trend, Internet TV operator LeTV (Shenzhen: 300104) has successfully sued fast-rising smartphone maker Xiaomi for copyright violations related to Xiaomi’s problem-plagued Internet TV set-top boxes. Read Full Post…
An exciting showdown that could become a landmark case in copyright protection is shaping up in Shenzhen, where a company accused of rampant piracy is refusing to pay a record fine formally levied this week by the city government. I first wrote about the massive 260 million yuan ($42 million) fine against video sharing site QVOD, whose Chinese name is kuaibo, about a month ago when the record-breaking sum was first announced. (previous post) Now Shenzhen has formally levied the fine, and QVOD has refused to pay and is threatening to take its own legal action. Read Full Post…
