Tag: video website

Alibaba Takes Over Top Chinese Entertainment Company for $3.7 Billion

Shuang Shan Alibaba Group Holding Limited agreed last Friday to buy out Internet television company Youku Tudou Inc. for $3.7 billion in cash, at a premium price of $27.60 per share. Already holding 18.3 percent of Youku Tudou before the...

/ November 13, 2015