Nada and Foo also worked closely with Tudou during its merger talks with Youku, Foo says.
FORBES: GGV Capital, With $625 Million In New Funds, Targets China, U.S. Growth
Youku was already the top site before its August merger with Tudou, the number two site.
FORBES: Youku's Now The King Of China Web Video: Can It Make Money?
With the growth of mobile market in China, Tudou is increasingly focusing on mobile video.
FORBES: Tudou CEO Gary Wang On Online Video, Mobile and Producing Original Content
Illustrating the stakes, Youku and Tudou are battling each other over rights to some content.
The combined company will have the two leading online video brands in China: Youku and Tudou.
Tudou shares have nearly tripled on the news, and Youku shares are also trading sharply higher.
Youku and Tudou and its ilk grew into something similar to a Hulu or cable TV.
FORBES: Youku's Now The King Of China Web Video: Can It Make Money?
Tudou also works with manufacturers and has its service pre-installed on 15 million devices so far.
FORBES: Tudou CEO Gary Wang On Online Video, Mobile and Producing Original Content
Next in line for an IPO among the Silicon Dragon startups is video sharing site Tudou.com.
Tudou has a great service, but they have not yet announced a new round of funding.
Tudou has been generating revenue on mobile since January 2010 through subscriptions or on a pay-per-clip basis.
FORBES: Tudou CEO Gary Wang On Online Video, Mobile and Producing Original Content
He questioned whether there is room in the Chinese market for both Tudou and its closest rival YouTube.
Each Tudou ADR will will be exchanged for 1.595 Youku ADRs, which represent 18 Youku Class A shares.
Tudou faces competition not only from Youku but also other China Internet companies like Baidu, Tencent, Sina and Shanda.
FORBES: Tudou CEO Gary Wang On Online Video, Mobile and Producing Original Content
Programming accounts for much of their costs: Youku spent 26% of its revenue on content, while Tudou spent 28%.
Bets were that Tudou might not make it out in this tough market.
Timing is everything, as Tudou CEO Gary Wang knows all too well.
The video will soon be posted on Chinese YouTube clones Tudou and Youku.
FORBES: Thirteen-Year-Old Californian Translates Justin Bieber's 'Baby' Into Chinese
Tudou survived that episode relatively unscathed, but other companies have been less fortunate.
FORBES: Baidu, Google and the literal costs of self-censorship
He also scored with Chinese online video company Tudou, which went public in 2011 and later merged with rival Youku.
The convenience of China's Tudou and Baidu makes them strong competitors to foreign rivals like YouTube and Google.
It would be a shot across the bows of Youku, which is busy trying to integrate Tudou (both maintain separate platforms).
Tudou, which trades on the Nasdaq Stock Market, earned 52.5 million on revenue of 149.7 million yuan in the same quarter.
Streaming video sites like Tudou, Ku6, OuOu and 6rooms all began paying fat fees to pipe video files around the country.
First in user-generated content, Tudou has grown organically, since it was the first online video site in China, launching in January 2005.
FORBES: Tudou CEO Gary Wang On Online Video, Mobile and Producing Original Content
Tudou also has a popular mobile film festival, which is now in its fifth year, which encourages videomakers to compete for prizes.
FORBES: Tudou CEO Gary Wang On Online Video, Mobile and Producing Original Content
But a couple years ago Tudou added premium content and it has been showing more and more content licensed from professional producers.
FORBES: Tudou CEO Gary Wang On Online Video, Mobile and Producing Original Content
Chinese video sharing site Tudou beat Youku to a product debut by one year, and was the market leader for several years.
Gary Wang, chief executive of online video company Tudou Holdings Ltd.
Then, very recently, Tudou suddenly refiled its IPO with the intention of doing an IPO in the middle of a global stock downturn.
FORBES: Rumor: Baidu Might Acquire IPO Cursed Online Video Site Tudou
应用推荐