Monday, April 28, 2014

DealBook: Alibaba Buying Stake in Youku Tudou, a Chinese Web TV Company, for $1.2 Billion

The e-commerce giant and Yunfeng Capital, a private equity company controlled by Alibaba’s founder, Jack Ma, agreed to acquire a combined 18.5 percent stake in Youku Tudou, extending a frenzy of acquisitions in China’s fast-growing technology sector.








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