Aliababa just splashed a bunch of cash on China's oldest video streaming giant. Why?
The Youtube of China? The Netflix of China? The Hulu of China? Youku, China’s biggest web streaming video service defies simple description as it offers features that resemble all of the aforementioned services. Once a haven of piracy, now it’s a very deep library of user-generated content, licensed movies and TV shows, and its own original content. But it faces challenges from competitors as the video market consolidates and goes mobile at the same time.
This is yet another landmark deal as China's tech industry sees more consolidation. So what might Alibaba and Jack Ma have in mind?
Alibaba’s buy-out of Youku values the video site at about US$4.2 billion, according to earliest calculations.
Alibaba is backing Mission Impossible: Rogue Nation and helping to promote it in China.
Alibaba has announced it will pioneer a unique subscription-based video service for the Chinese market
Specifically listed among the offending content are three Japanese anime TV shows: Blood-C, Terror in Resonance, and Highschool of the Dead.
Youku and sister site Tudou now get 900 million views each day and have 150 million daily active users, the company revealed today.
With the crushing inevitability of a lungful of toxins on a Beijing spring morning, China’s controversial documentary about pollution, Under the Dome, is this e...
Here’s our full list of Alibaba’s investments and acquisitions so far this year, according to ITJuzi’s database and our own archives.
Youku Tudou, one of China’s biggest online video portals, today revealed its first ever hardware products. They include a wifi router, set-top box, and Android ...
Xiaomi has gotten a license to enter the virtual telecom game. Could it be the company to bring a spark of life back into that dying experiment?
Xiaomi has confirmed it will invest US$300 million in Baidu-backed online video portal iQiyi for an undisclosed stake in the company.
The dollar amount and size of the stake were not disclosed, but the companies said the deal will take place on the open market.
China’s version of Big Brother, the popular reality show series, arrives in 2015 - but only online.
One Chinese video site will get around the quota on imported TV series by creating its own foreign-language content.
Quixey, the search engine for apps that Alibaba invested $50 million into, has partnered with the Chinese ecommerce titan to launch deep mobile search in China.
Alibaba invested in or bought outright multiple companies, spending so much money that some have referred to 2014 thus far as Alibaba's "bachelor party."
This will result in the effective banning of some foreign TV series in China, leaving viewers to go back to the old days of pirating their favorite shows.
Youku says Heyi Films will produce films "to the tastes of the Chinese audience" and "improve film marketing and distribution."