Youku Tudou agrees to be bought by Alibaba for $27.60/ADS

Published Fri, Nov 6, 2015 · 12:42 PM

[BENGALURU] Youku Tudou Inc, known as China's YouTube, said it agreed to be bought by e-commerce giant Alibaba Group Holding Ltd for US$27.60 per American Depositary Share.

Alibaba had previously offered US$26.60 per ADS in October.

REUTERS

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Youku Tudou agrees to be bought by Alibaba for $27.60/ADS

Consumer & Healthcare

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

P&G raises annual core profit forecast on resilient demand, price hikes

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Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

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