The US-listed shares of Chinese video streaming site Youku Tudou leapt 22.88 per cent to US$25.08 in early New York trading on Friday after internet giant Alibaba made an aggressive bid to buy up the ...
Chinese e-commerce and entertainment giant Alibaba has taken a $1.2 billion goodwill impairment charge against its video-streaming operation Youku. The move was disclosed on Wednesday as Alibaba ...
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