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Letv.com To Invest CNY100 Million To Support TV Apps

Yang Yongqiang, chief technology officer of the Chinese Internet video website Letv.com, announced the launch of a new project to support the development of TV applications. According to the plan,...

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Tudou.com Establishes Fund To Support Original Chinese Videos

Chinese Internet video website Tudou.com will invest about CNY10 million to establish a new fund to support the development of original videos and online media. The company revealed the news during the...

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Youku-Tudou Appoints New President For Tudou.com

Chinese Internet video provider Youku-Tudou Group confirmed that Yang Weidong, former Nokia executive, has been appointed senior vice president for Youku-Tudou Group and president for Tudou.com. In the...

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Youku-Tudou Made Net Losses Of USD18.2 Million In Q4 2012

Chinese Internet video provider Youku-Tudou Group announced its unaudited financial report for the fourth quarter and the entire year of 2012. According to the report, the company’s net income during...

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Yuan Bin Joins Letv.com As Co-CTO

Liu Hong, co-founder and chief operation officer of Letv.com, revealed to Chinese local media that Yuan Bin, former vice president of online video website Iqiyi.com, has joined the company as co-CTO....

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China’s Baidu Acquires PPS For USD370 Million

Chinese search engine company Baidu Inc. has acquired PPS, an Internet video company, for USD370 million and it will integrate PPS with Iqiyi.com to provide better services to users. Tang Hesong,...

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Baidu’s Two Internet Video Subsidiaries Complete Integration With Few Layoffs

Iqiyi.com has completed integration with PPS, an Internet video website recently acquired by Baidu. At the same time, Iqiyi said Wang Xiangjun, former senior marketing vice president of Iqiyi, has been...

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Renren.com Teams With Youku-Tudou To Grab More Online Video Users

Chinese Internet video company Youku-Tudou Group and Chinese social networking website Renren.com have formed a strategic partnership for platform and resource sharing. According to the agreement...

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Tencent’s VP To Lead Video Business Division

Chinese Internet company Tencent announced that Liu Chunning, former general manager of the online video business at Tencent, has resigned due to undisclosed personal health reasons, and Sun Zhonghuai,...

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Iqiyi’s Internet Video Integration Enters Final Stage

Tang Xing, chief technology officer of Iqiyi, revealed that the technical integration of Iqiyi and PPS has entered the final CDN and P2P integration and optimization stage, and it is expected to be...

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