Tudou raises $174m in NASDAQ IPO
Venture capital-backed Chinese video site Tudou has raised $174 million through its NASDAQ IPO, surpassing the $100-150 million target it set earlier this year.
Tudou offered 6 million American depositary shares priced at the middle of its range at $29 apiece, valuing the site at $3.2 billion. The company, which claims approximately 16% of China's online video...
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