Monday, October 2, 2023
Home / Top Stories / Alibaba to Acquire Online Video Giant Youku Tudou

Alibaba to Acquire Online Video Giant Youku Tudou

BEIJING/HANGZHOU: Alibaba Group is acquiring Youku Tudou in an all-cash transaction. In October, Alibaba offered to acquire all outstanding shares of Youku Tudou that it does not already own for $26.60 per American Depositary Share (ADS). With the new offer at $27.60 per ADS, Alibaba will end up paying around $3.67 billion for the online …



The content you are trying to access is only available to members.








About World Screen

The leading source of information for the international media business.

ALSO READ

E!’s Brand Refresh Hits Asia

SINGAPORE: Following on its new look in North America, E! Entertainment Television is refreshing its ...