Alibaba seeks full ownership of video platform Youku Tudou
Alibaba Group is looking to take full ownership of Chinese online video platform Youku Tudou in a deal that values the US-listed company at approximately $4.2 billion.
Alibaba and Yunfeng Capital - a PE firm co-founded by Jack Ma, Alibaba's executive chairman - acquired a combined 18.5% stake in Youku Tudou for $1.22 billion in April 2014. Alibaba took a 16.5% interest...
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