Tudou Announced $57 Million Financing

It has been rumored for quite a long time, Tudou, the largest video sharing website in China, finally officially announced its $57 million series D financing at a $150 million valuation, which is the largest round of funding ever for a Chinese Internet company, and make Tudou’s total fund raising to $85 million over the […]

Fundraising War Among Video Sharing Sites

After Youku.com’s $25 million series B financing, another video sharing sites 56.com also announced its series B financing of $20 million, led by HIKARI Private Equity and SIG, and joined by Adobe System, CID and existing investors Sequoia China and Steamboat Ventures.
According to the video search report recently released by Baidu, based on traffic, […]

Tudou Served 360 Million Videos A Week

On August 31st, Nielsen//NetRatings reported the latest web traffic statistics(pdf file) of Tudou.com, a leading video sharing website in China.
According to NetRatings, Tudou’s audience has tripled in last three months. In last three month to August 23rd, the number of weekly clips views skyrocketed by 175%, jumping from 131 million to 360 million. Weekly […]

Tudou Testing New Video Player, Advertising Style

Video sharing site Tudou is now showing a notice on the right side of video clips, inviting you to test the new video player. By clicking it, you will start to view videos in this new player.
The new video player is adopting a style like foreign video sharing site Heavy. The embedded player is in […]

CWR Roundup: Netease, Alibaba Software, Tudou Funding and Google

Netease quits wireless business: Netease, a leading online gaming service provider and web portal, is making its strategy transition recently, Shanghai Securities News reported. Netease will retreat from wireless business and streamline some of its content channels. The wireless business, which used to be a major revenue source of Netease and now only accounts for […]

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