5 big reasons Alibaba is spending over $4 billion to acquire a video site
October 19, 2015
Alibaba made it clear on Friday that it wants to acquire China’s top video site in a deal that would value Youku at over $4 billion. But what does China’s e-commerce giant want with video content? Youku and sister site Tudou (which merged in 2012) get 900 million video views each day – a figure that…
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