Tuesday, Mar 13 2012
Youku Buys Tudou
Published in Baidu Youku Inc. /quotes/zigman/2786183/quotes/nls/yoku YOKU +1.05% ("Youku") and Tudou Holdings Limited /quotes/zigman/3101171/quotes/nls/tudo TUDO +12.50% ("Tudou") announced today that they have signed a definitive agreement for Tudou to combine with Youku in a 100% stock-for-stock transaction. Under the terms of the agreement, each Class A ordinary share and Class B ordinary share…
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Tuesday, Nov 29 2011
Baidu’s Qiyi Launches New Brand Name iQiyi
Published in Baidu Still remember the Qwister setback for Netflix? The company finally made peace with its angry customers by announcing backing off the plan to spin off and rebrand its DVD rental business. If there’s anything we can learn from the irritation, it should be that don’t easily give up your existing…
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Thursday, Aug 11 2011
Baidu to Shut Down Shuoba Microblog Service
Published in Baidu China’s search engine giant Baidu is shutting down its microblogging service ‘Baidu ShuoBa’ (Talk Bar) t.baidu.com by 22 of August. The service which was launched last year is shutting down its service as competition heats up in the Chinese microblogging space. Baidu failed to compete with microblogging services like Sina…
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