China Tech News — Now that Alibaba almost owns China’s top online video site, what does this mean for investors and company management at the acquired business? Announced this week right before the big e-commerce event of Singles’ Day, Chinese e-commerce group Alibaba and Internet video group Youku Tudou jointly announced that the two parties have reached an agreement, under which Alibaba will acquire Youku-Tudou in cash.
BEIJING: China will punish Internet companies including Tencent Holdings Ltd , Youku Tudou Inc and Baidu Inc’s iQiyi for hosting videos suspected of containing violence and pornography, which it said causes juvenile delinquency. The offending material is primarily Japanese animation on the video streaming websites of Tencent, Youku Tudou, iQiyi, Sohu.com Inc and Leshi Internet Information & Technology Corp Beijing (LeTV) , the Ministry of Culture said on its website on Tuesday.
Chinese Internet video company Youku-Tudou announced that the company has added two new executives: Chief Product Officer Gu Sibin and Senior Vice President Li Jie. As chief product officer, Gu will be responsible for product strategy and operations to promote the group’s consumer-focused business. Gu is the first chief product officer since the founding of Youku-Tudou.
Youku Tudou Inc. (NYSE: YOKU), China’s leading Internet television company (“Youku Tudou” or the “Company”), today announced the addition of two members to its leadership team – Teddy Gu as Chief Product Officer, and Jerry Li as Senior Vice President. As Chief Product Officer, Teddy Gu will be responsible for the Group’s product strategy and operations, and drive the Group’s direct-to-consumer businesses. Teddy Gu has become Youku Tudou’s first CPO since its founding.