Top two Chinese video sites (Youku & Tudou) Merge in huge deal

Posted by NnamdiJr on Monday March 12, 2012 @06:37AM
from the techinasia.com dept.

http://www.techinasia.com/youku-buys-tudou/

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Re:Top two Chinese video sites (Youku & Tudou) Merge in huge... by NnamdiJr on Monday March 12, 2012 @06:40AM (#3692955)

Just to create an analogy for people not familiar with Chinese web, imagine if there were 2 Youtube's in the US who were both far ahead of the competition but neck-and-neck with each other... and then one-day one acquired the other.

The deal is that big. Youku/Tudou is now THE video site of China's 1.6billion+ population.

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