Attention spans are shrinking, so money to grab eyeballs is increasing. A Chinese online video site is incentivizing online creators …
Two thumbs up for Dushe, the Chinese movie review website that has just raised about US$11 million. Bertelsmann Asia Investments …
User-generated content first propelled Youku and Tudou into a post-IPO merger, and then Alibaba took control and privatized the company. …
Chinese classified information site Dianping.com has inked a strategic deal with Singapore Tourism Board to provide various services to Chinese tourists visiting Singapore. The two parties will combine resources to cover dining, hotel, traveling, sightseeing, shopping and entertainment. Dianping.com will integrate information from tens of thousands of Singapore vendors, providing tickets of over 60 popular […]
Chinese online classifieds services company 58.com Inc. has acquired a 70% equity stake in a Chinese automotive information service. 58.com’s investment in Leftbrain, a technology company that is listed on China’s National Equities and Exchange and Quotation, is for a total consideration of CNY100 million in cash. Leftbrain owns and operates XGO.com.cn, an automotive information […]
Guiyang-headquartered Longmaster Information & Technology Company Limited has signed a strategic cooperation agreement with Baidu to establish an Internet medical platform. With the strategic partnership, the two parties will also strive to improve awareness of Internet hospital brands and explore the value of medical big data. Using data from the hospital resources, Longmaster and Baidu […]
China’s Hainan Airlines Tourism Group and Lede Technology, a subsidiary of NetEase, have formally signed a cooperation agreement in Hangzhou to establish a new online travel company. Financial terms of the arrangement were not immediately available. HNA and NetEase had previously signed a strategic cooperation framework agreement in December 2014. Based on the framework agreement, […]
Chinese Internet video group Youku Tudou will provide video software services to smart TVs made by Haier. This is Youku Tudou’s latest strategic cooperation with smart TV makers following its partnership with Shenzhen Coship Electronics formed at the end of 2013. With these moves, Youku Tudou Group intends to seize the opportunities in family TV […]
Singapore video service provider Viki has formed a partnership with Chinese search engine Baidu. Headquartered in Singapore, Viki hails itself as the “Hulu outside America”. In September 2013, the company was acquired by the Japanese e-commerce giant Rakuten for USD200 million. Viki is mainly engaged in providing high-quality movies and TV programs. With the help […]
Chinese Internet video website Letv.com published its financial report for the third quarter ended September 30, 2013, stating that the company’s total operating revenue increased by 122.42% year-on-year to CNY613 million. The company’s net profit increased by 55.72% year-on-year to CNY67.61 million. The company also revealed that during the first three quarters of 2013, Letv.com’s […]
Chinese online video company Youku Tudou Group has reportedly sued Chinese mobile phone upstart Xiaomi for video-on-demand infringement. Youku Tudou reportedly claims that Xiaomi’s Miui Box illegally provided the VOD service for ten movies and TV series which infringed on Youku Tudou’s rights because they allegedly owned those rights. Youku Tudou asked Xiaomi to immediately […]
Tang Xing, chief technology officer of Iqiyi, revealed that the technical integration of Iqiyi and PPS has entered the final CDN and P2P integration and optimization stage, and it is expected to be completed this summer.
Chinese Internet company Tencent announced that Liu Chunning, former general manager of the online video business at Tencent, has resigned due to undisclosed personal health reasons, and Sun Zhonghuai, vice president of Tencent, will take over the duties.
Chinese Internet video company Youku-Tudou Group and Chinese social networking website Renren.com have formed a strategic partnership for platform and resource sharing.
Iqiyi.com has completed integration with PPS, an Internet video website recently acquired by Baidu.
Chinese Internet video provider Youku-Tudou Group announced its unaudited financial report for the fourth quarter and the entire year of 2012.
Chinese Internet video provider Youku-Tudou Group confirmed that Yang Weidong, former Nokia executive, has been appointed senior vice president for Youku-Tudou Group and president for Tudou.com.
Chinese Internet video website Tudou.com will invest about CNY10 million to establish a new fund to support the development of original videos and online media.
Chinese Internet video website Tudou.com has published its Q2 financial report ended June 30, 2012, stating that the company made losses of CNY154.7 million, which was about USD24.4 million, during the reporting period.
Han Kun, co-founder and vice president of the Chinese video website Ku6.com, has confirmed to local media that he has resigned his positions in Ku6.com and started a new business in the mobile Internet industry.
The Internet video channel of the Chinese Internet portal Sohu.com and the Taiwan-based PC maker Asus have jointly announced that the two parties have formed a strategic partnership for a video service.
Alipay.com, the third-party Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has launched a new Internet trading platform for second-hand products.
Chinese Internet video website Tudou.com has announced that it has created a joint venture with another Internet video website, Letv.com, in Shanghai.
Chinese online video website Tudou.com has updated its filings with the U.S. Securities and Exchange Commission for a planned initial public offering this week.
Earlier this month, Chinese online video website Ku6.com announced it was downsizing staff by up to 20%. But now local media reports state those layoffs are not legal.