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Youku - Wikipedia. Youku Inc., formerly Youku. Inc.,[2][6] doing business as Youku (simplified Chinese: 优酷; traditional Chinese: 優酷; pinyin: Yōukù; literally: "excellent (and) cool"),[7] is a video hosting service based in Beijing, China. Youku has its headquarters on the fifth floor of Sinosteel Plaza (simplified Chinese: 中钢国际广场; traditional Chinese: 中鋼國際廣場; pinyin: Zhōnggāng Guójì Guǎngchǎng) in Haidian District, Beijing.[8][9]On March 1. Youku reached an agreement to acquire Tudou in a stock- for- stock transaction, the new entity being named Youku Tudou Inc.[1.

It has more than 5. Youku is one of China's top online video and streaming service platforms, alongside with i.

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Qiyi, Sohu, Le. TV, Tencent Video, PPTV, 5. Funshion. However, Youku's domination in the Chinese market has been toppled by its competitor Baidu's i.

Qiyi.[1. 2]History[edit]Youku was founded by Victor Koo (Gu Yongqiang),[1. President of Chinese Internet portal Sohu. Initial funding for the site came from 1. Verge, a fund raised by Koo. A beta version of the site was launched with limited geographic reach in June 2.

December 2. 00. 6. In 2. 00. 7, the company received $2. In December 2. 00. Major investors include Brookside (Bain) Capital, Sutter Hill Ventures, Maverick Capital, and Chengwei Ventures.[1. The company initially emphasized user- generated content but has since shifted its focus to professionally produced videos licensed from over 1,5.

As of January 2. 01. Youku. com was ranked #1 in the Chinese Internet video sector according to Internet metrics provider CR- Nielsen,[1. You. Tube is banned in China). In 2. 00. 8, Youku partnered with Myspace in China.[1.

Later that year, Youku became the sole online video provider embedded in the China Edition of Mozilla Firefox.[1. In January 2. 01. Youku and competitor Tudou announced the creation of a video broadcasting exchange network, under which Youku and Tudou will cross- license professionally produced video content.[2. Youku recorded gross revenues of 2. RMB in 2. 00. 9.[2.

On December 8, 2. Youku was listed at the New York Stock Exchange for its first time. The stock closed at $3. For the first 9 months of 2. Youku reported revenue of $3. You. Ku. com seems to have no relation to the Chinese domain youku. Victor Koo was once an employee of Bain & Company, one of the most prominent management consulting firms in the world.

On March 1. 2, 2. China, Youku and Tudou, announced plans to merge.[2. At the time of the announcement, Youku had 2. Tudou had 1. 3. 7 percent. The name of the new company would be named Youku Tudou Inc.[2. See also[edit]References[edit]^"Contact Us." Youku. Retrieved on December 2.

Beijing 5th Floor, Sinosteel Plaza, 8 Haidian Dajie, Haidian District, Beijing, 1. China."^ ab"版权声明." Youku. Retrieved on December 2. Financial statement FY2. Youku. Retrieved on April 2. Youku Tudou Inc (ADR): NYSE: YOKU quotes & news - Google Finance".

Google. com. Retrieved 2. Youku. com Site Info". Alexa Internet. Retrieved 2. Company Overview." Youku. Retrieved December 2. Moore, Malcolm (December 1. Youku founder Victor Koo believes only China can help his company grow, make money and even beat piracy".

The Daily Telegraph. London. Retrieved September 1. Youku. Retrieved on 2. December 2. 01. 0.

Contact Us." Youku. Retrieved 2. 7 December 2. Beijing 5th Floor, Sinosteel Plaza, 8 Haidian Dajie, Haidian District, Beijing, 1.

China."^Chao, Loretta; Steger, Isabella (March 1. China's Youku to Buy Chief Rival Tudou".

The Wall Street Journal. New York. Retrieved March 1. Youku Tudou Partners with Xiaomi to Accelerate Multi- Screen Ecosystem Development". Youku Tudou. November 1. Retrieved December 2.

Roettgers, Janko (March 1. Baidu's Iqiyi overtakes Youku as China's most popular video service". GIGAOM. Retrieved December 2. The next generation of entrepreneurs." The Economist.

November 2. 1, 2. Watch F_X2 IMDB on this page. Retrieved on July 2. Victor Koo (Gu Yongqiang) is worth watching,[..]Mr Koo’s firm, Youku Tudou,[..]"^"0. CEO古永锵." (Archive) Sina. August 2. 0, 2. 00. Retrieved on July 2. Victor Koo)[..]"^Kristen Nicole.

UTC (2. 00. 7- 1. Youku Hits the Jackpot with $2. M". Mashable. com. Retrieved 2. 01. 4- 0. Chao, Loretta (December 2. China Site Youku.

Raises $4. 0 Million". The Wall Street Journal. ^华瑞网标(CR- Nielsen)公司_创建科学测评体系,挖掘中国网络价值^Mike Sachoff (2. My. Space China Partners With Video Site Youku". Web. Pro. News. Retrieved 2. Youku and Mozilla Partner to Enrich Online Video Viewing at 谋智新闻". Blog. mozilla. com.

Retrieved 2. 01. 4- 0. Global Times - Video sites cooperate on copyrighted films. Archived December 2. Wayback Machine.^INTERVIEW - Youku eyes overseas listing, partnerships^Youku Investor Relations^China’s Top 2 Video Portals You.

Ku and Tudou to Combine China Internet Watch, March 1. Chinese Web Video Rivals To Merge". March 1. 2, 2. 01.

Further reading[edit]External links[edit].

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