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PPTV will go IPO in 6 months

PPTV, the leading peer-to-peer video download services in China, will go for IPO in the U.S. in 6 months, said an investment banking source. Founded in 2004 as PPLive, the Shanghai base was one of the first China online video media.  It changes its name to PPTV in 2010 to better reflect its business.  Most people […]

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M & A: Good Solution for China Video Sites, For Now

There is speed, and there is Chinese speed. Everything seems to happen faster in China, and such seems to be the same for online video sites. Only last year, these sites were flushed with cash, and they were paying obscene amount of money for contents. This year, however, has been a different story. Money seems to have disappeared like Houdini, not only are the sites lowering their offer for TV dramas and movies, but many of them seem to be incapable of carrying on.

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Baidu Releasing Revamped Homepage and Mobile Platform At Annual Conference

At today’s Baidu World 2011 annual conference, Robin Li, founder and CEO of the China’s largest search engine, announced that the internet powerhouse is releasing a revamped homepage with customization feature that let users personalize their Baidu homepage by adding in several new modules including “Bookmarks”, “Apps”, “Feeds”, “Search Trends”. The new homepage is a […]

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Youku acquiring Tudou rumor signals cost and copyright problems in online video market

It’s rumored that Youku is planning acquire Tudou in the wake of the latter’s IPO halt. According to people involved with Tudou’s IPO process, the company has been drifting apart from investment banks, “With ever-rising copyrighted content prices and competitors has gone(Youku) or about to go(Xunlei, PPStream) IPO, the only way Tudou’s investors could make […]