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Alibaba Bids to Fully Acquire Youku Tudou

HANGZHOU: Alibaba Group has made a proposal to Youku Tudou to acquire all outstanding shares it doesn't already own of the Chinese online video company. Alibaba currently owns 18.3 percent. The proposed transaction would expand the existing partnership between Alibaba and Youku, and would combine Alibaba’s data-driven platforms in e-commerce, media and advertising with Youku’s digital …

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