China’s Alibaba Offers to Fully Acquire Youku Tudou, Deal Values Web Video Giant at $4.2B
Friday, 16 October 2015
The e-commerce powerhouse had previously bought a minority stake in the “YouTube of China.” Chinese e-commerce giant Alibaba Group has made a non-binding offer to the board of directors of Youku Tudou to acquire full control of the online video giant, the latter said on Friday. It said Alibaba, led by executive chairman Jack Ma,
- Published in News
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The e-commerce powerhouse had previously bought...

