Tudou Holdings, Ltd.
Youku (NYSE: YOKU), a popular Chinese online television company, has been working to clean up its reputation and offer licensed content in an attempt to draw advertising dollars from foreign and domestic companies. The company has faced struggles with piracy lawsuits, government censorship, and the state-owned media’s web expansion. In the most recent quarter Youku posted a significant loss due to an increase in operating expenses, but the extra more »
JP Morgan recently started coverage on Chinese internet television company Youku (NYSE: YOKU). The firm currently views Youku as overweight and set a price target at $30. Morgan is bullish on a general shift in Chinese ad spending from TV to online video. Upcoming ad rate hikes, inventory expansions, a favorable content amortization schedule, and the achieving of quarterly profitability in 2013 are all viewed as positive catalysts.
Youku’s more »
This week saw the announcement of the $4.5 billion all-share merger between China's two largest online video companies – Youku ADR (NYSE: YOKU) and Tudou ADR (NASDAQ: TUDO). The combined company will boast a 35.5% share of China's online video advertising market by revenues. Youku will be the name of the merged company and Youku's shareholders will have a controlling interest in the new company with more »
China is a huge country by almost any metric you choose. They’re the second largest economy, have the largest total population, the greatest number of cell phone users, internet users, and rank in the top 5 in terms of total landmass. What makes investing in China particularly interesting is the fact that its people are achieving greater and greater wealth across the board and the middle class is growing more »