, Investors Support Youku and Tudou Video Firms Merger
Two of the most successful online video firms in China have managed to get the approval of their stakeholders regarding their online video firms merger plan which is aimed at establishing one of the biggest online video firms in the country. The Chinese merger plan between the largest online video firms, Tudou and Youku, announced back in March of this year, will see Youku taking over Tudou, one of its rival online video firms in China, by means of a stock exchange agreement which is currently estimated around £640 million or $1 billion.
The Chinese merger plan between the largest online video firms, Tudou and Youku, announced back in March of this year, will see Youku taking over Tudou, one of its rival online video firms in China, by means of a stock exchange agreement which is currently estimated around £640 million or $1 billion.
