Tag: Youku Tudou

Ampere Analysis is reporting that three of the top five subscription OTT services in the world, in terms of subscribers, are Chinese.

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 …