Youku Tudou Inc. (NYSE: YOKU) is China’s leading Internet television company. Its Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices. Youku, which stands for “what’s best and what’s cool” in Chinese, is the most recognized online video brand in China. Youku Tudo... more
BEIJING, Dec. 10, 2014 /PRNewswire/ -- Youku Tudou Inc. (NYSE: YOKU), China's leading Internet television company, today announced the launch of its Cloud Entertainment business unit and the unit's first batch of hardware products consisting of a WiFi router, smart TV box, and large Android tablet.
Headed by Youku Tudou's Chief Technology Officer Leo Yao, the Cloud Entertainment business unit becomes Youku Tudou's fourth consumer facing business unit after Youku, Tudou, and Heyi Pictures. The...
BEIJING, Nov. 21, 2014 /PRNewswire/ -- The Chinese Ministry of Industry and Information Technology on November 20 issued a fourth batch of licenses as part of its large-scale trial of opening the Chinese mobile sector up to MVNOs (mobile virtual network operators), and Youku Tudou, China's leading internet television company, has been a recipient and the only company whose main business is Internet entertainment services and content out of all the recipients.
As required by the qualification ...
Consumer Revenues Grew 473% Year-on-Year; Share Repurchase Totaling US$300 Million Completed
BEIJING, Nov. 13, 2014 /PRNewswire/ -- Youku Tudou Inc. (NYSE: YOKU), China's leading Internet television company ("Youku Tudou" or the "Company"), today announced its unaudited financial results for third quarter 2014.
Third Quarter 2014 Highlights
Net revenues were RMB1.11 billion (US$180.3 million), a 29% increase from the corresponding period in 2013.
Gross profit was RMB246.9 mil...
BEIJING, Nov. 12, 2014 /PRNewswire/ -- Youku Tudou Inc. (NYSE: YOKU), China's leading Internet television company, today announced that it has entered into a strategic partnership with Xiaomi. The partnership aims to accelerate the development of its multi-screen media and entertainment ecosystem. The two companies will jointly develop content and technology, including developing multi-screen online video services. Xiaomi will invest in Youku Tudou by acquiring the latter's stock on the open mar...
BEIJING, Nov. 6, 2014 /PRNewswire/ -- Youku Tudou Inc. (NYSE: YOKU), China's leading Internet television company ("Youku Tudou"), will report its third quarter 2014 unaudited financial results on Thursday, November 13, 2014, after the close of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 8:00 p.m. U.S. Eastern Standard Time, November 13, 2014 (9:00 a.m. Beijing / Hong Kong time, November 14, 2014). Youku Tudou's management will be on the call to...
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