Alibaba, Yunfeng Agree To Buy $1.22 Billion Stake In Youku Tudou

The Washington Examiner
April 30, 2014 AT 12:55 PM
Alibaba Group Holding Ltd and a private equity firm co-founded by its executive chairman Jack Ma have agreed to buy a $1.22 billion stake in Chinese online video company Youku Tudou Incorporated. Youk