Alibaba Buys $1.22Bn Stake In Youku Tudou, China’s YouTube

The Washington Examiner
April 30, 2014 AT 12:55 PM
E-commerce giant Alibaba, part of Yahoo, is buying a $1.22 billion stake in Youku Tudou, the main online video provider in China, akin to YouTube. Alibaba and Yunfeng Capital are paying $30.50 per Ame