Wednesday, March 22, 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

FILMART Marks Successful In-Person Return with 7,300 Attendees

Hong Kong International Film and TV Market (FILMART) has concluded its first in-person market in three years, counting over 7,300 attendees and more than 700 exhibitors.