youku Archives - Elite Sites

Alibaba to pay about $3.7 billion for ‘China’s YouTube’

November 6, 2015 creative 26-60-per, ads, alibaba, alibaba-group, because-the-nsa, china, friday, hangzhou, his-country, pictured-at-its, san, twitter, youku

It is also a vote of confidence in China's economy by Alibaba Chairman Jack Ma, who has said investors should not overreact to his country's slowing growth. Youku Tudou's American Depositary Shares rose 10 percent to $26.80 in premarket trading on Friday, below Alibaba's offer of $27.60 per ADS. Alibaba held 18.3 percent of Youku Tudou as of Oct

News Posts

YouTube to support virtual reality video on its app

November 6, 2015 creative ads, alibaba-group, friday, gives-viewers, hangzhou, pictured-at-its, san, space, standard, unveils-their, virtual-reality, youku

By Deborah M. Todd SAN FRANCISCO (Reuters) – YouTube announced two new features Thursday for its Android app that expand the video site's use of virtual reality, giving the new technology its biggest platform yet. The app now supports VR video – a format that gives viewers what the company says are more realistic 360-degree perspectives of films.