Chinese Video Site Tudou Raises $50M Series E
Tudou just announced that it has raised $50m, bringing the total amount the company has raised to $135m; no word on the valuation but hard to imagine it was lower than $200m. From the press release:...
View ArticleChina’s Internet: The Invisible Birdcage
This essay I wrote last year originally appeared in the September 2010 issue of the China Economic Quarterly. Some of the numbers may already be a bit dated but it is still relevant. The editor chose...
View ArticleSinica Podcast: Does China Have A Second Internet Bubble?
This week we have a good podcast on the high flying Chinese Internet stocks: Interest in Chinese Internet companies has reached fever pitch. Fueled by the fact that roughly fifty percent of the...
View ArticleTudou Forecasts A Profit In 2013
Congratulations to Tudou ($TUDO) for successfully completing its IPO, a real accomplishment in such an extraordinarily difficult market environment. CEO Gary Wang and the bankers gave quite good road...
View ArticleTudou’s Roadshow Presentation
Courtesy of our friends at iChinastock.com, an invaluable English-language source for information on US-listed China stocks. ($TUDO $YOKU) See also: Tudou Forecasts A Profit In 2013. Tudou IPO Road...
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Baidu Hosting A Version Of CCTV’s Online TV Station CNTV
CCTV’s finance channel spent much of last week attacking Baidu ($BIDU), as Digicha chronicled extensively. Now Baidu and CCTV have partnered to launch a version of CNTV.cn, CCTV’s online TV platform,...
View ArticleSina Buys 9.05% Of Tudou. Should Investors Cheer? (Updated)
Sina ($SINA) spent $66.4M to acquire 9.05% of Tudou ($TUDO), one of China’s leading online video sites, or as CEO Gary Wang describes it: “YouTube + Hulu + HBO” . Sina purchased 1,075,000 shares at $29...
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LeKan, The Chinese Netflix For Kids
LeKan 乐看 launched today. It is essentially a Chinese Netflix ($NFLX) for kids. Founded by a team of former Disney ($DIS) China execs, including a friend who is the CEO, the site is a subscription-based...
View ArticleChina Officially Limits Entertainment Programming on Satellite TV. Good Or...
The State Administration of Radio, Film and Television (SARFT), China’s primary regulator of television and video programming, has issued an edict (限娱令) limiting the amount of entertainment programs...
View ArticleTranslation Of Beijing’s New Weibo Regulations
William Farris has done a quick translation of the Beijing Municipal government’s new Weibo rules that will affect Sina ($SINA) and probably other microblog providers such as Netease ($NTES), Sohu...
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