Teams With Youku-Tudou To Grab More Online Video Users

Chinese Internet video company Youku-Tudou Group and Chinese social networking website have formed a strategic partnership for platform and resource sharing.

Renren Forms Independent Wireless Business Division

Chinese Internet company Renren Inc. will adjust its organizational structure and business clusters, and establish an independent wireless business division. To Acquire For USD80 Million

Chinese social networking site has announced plans to acquire the entire stake in, a Chinese video website, for USD80 million in cash.