China's top two online video companies are joining forces, with Youku.com buying smaller rival Tudou Holdings Ltd in an all-stock deal worth more than $1 billion, creating an industry leader with more ...
HANGZHOU & BEIJING, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE:BABA) and Youku Tudou Inc. (NYSE:YOKU) today announced their entry into a definitive merger agreement pursuant to which ...
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