Chinese e-commerce and entertainment giant Alibaba has taken a $1.2 billion goodwill impairment charge against its video-streaming operation Youku. The move was disclosed on Wednesday as Alibaba ...

E-commerce giant Alibaba has announced that it has completed its takeover of Chinese video streaming giant Youku Tudou. The company revealed a “going private” transaction in November last year and ...

On November 6, 2015, Bloomberg Business reported that Alibaba (BABA) agreed to buy Youku Tudou (YOKU) for a total of $4.8 billion. The report states that Alibaba raised its offer price from the ...

Chinese streamer Youku is teaming with Beijing-based producer-distributor Hishow Entertainment to produce high-end drama series My Dearest Stranger, starring Wang Luodan and Bosco Wong. The 16-part ...

Imagine if YouTube pivoted to licensing and producing professional content years ago, transitioning away from user-generated videos to become more like Netflix or Hulu. This more or less sums up the ...

Social networking may get all the rave but latest stats from comScore reveal Chinese Internet users actually spend the bulk of their time on portal sites (24.4 percent) followed by entertainment (9 ...

July 4 (Reuters) - Alibaba Group Holding (9988.HK), opens new tab is exploring options for its video streaming platforms Youku and Tudou, Bloomberg News reported on Tuesday, citing people familiar ...

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Chinese Internet users spend 24.4% of their time on portal sites, 9% on entertainment, 6.2% on search, and 5.5% on social networking, Adaline Lau writes, citing comScore numbers. She uses those stats ...