18th August, 2011 Tudou, the respected leading online video company got listed on NASDAQ; 21 August, the merge of YouKu and Tudou has been approved; 24 August 2012, th trading of Tudou on NASDAQ is suspended; 00:34 of 24th August 2012, Gary Wang, the cofounder and CEO of Tudou said on its weibo, quite emotionally,

Last time I spoke to Gary is back to 2011, 18th August, hours before Tudou’s IPO. He said, “I am very excited and also very looking forward to the new journey for Tudou.” And I guess few people could expect the new journey would only last one year. Not sure if it’s good ending for Tudou, probably only Gary can tell.

According to some report, with the merge, Youku side will take 71.5% share of the new company and the rest 28.5% is for Tudou. Gary will be the board member of the new company for a year, but will not be involved with any daily operation, in other words, Gary actually retires too.

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Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.