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Youku
Youku Tudou Inc. (formerly Youku Inc.), doing business as Youku (), is a video hosting service based in Beijing, China. It operates as a subsidiary of Alibaba Group Holding Limited. Youku has its headquarters in the Sinosteel Plaza in Haidian District, Beijing. On 12 March 2012, Youku reached an agreement to merger with Tudou in a stock-for-stock transaction, the new entity being named Youku Tudou Inc. In 2014, it had more than 500 million monthly active users, with 800 million daily video views. Youku is one of China's top online video and streaming service platforms, along with iQiyi, Sohu, LeTV, Tencent Video, PPTV, 56.com and Funshion. However, Youku's domination in the Chinese market was toppled by its competitor Baidu's iQiyi in 2015. History Youku was founded by Victor Koo (Gu Yongqiang), former President of Chinese Internet portal Sohu. Initial funding for the site came from 1Verge, a fund raised by him. A beta version of the site was launched with limited geogr ...
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Victor Koo
Victor Koo Wing Cheung or Gu Yongqiang () served as President of Sohu, Inc., the second largest search engine in China. He became the co-founder and CEO of Youku in 2006, which has been called the "YouTube of China". Youku merged with Tudou in 2012, creating China's largest video platform. Prior to the announcement of the merger, Youku was the #5 website in China, and Tudou was #4. Koo has an estimated net worth of $1.1 billion. Education Koo attended and graduated from the University of California, Berkeley. Net worth Following the 2010 listing of Youku on the New York Stock Exchange, Koo is a billionaire. Personal life Koo was born in Hong Kong in 1966. His father is from Guangzhou and his mother is from Tianjin. He has one sister. References External links Digital Giants: Victor Koo12 March 2010 news.bbc.co.uk BBC News Online is the website of BBC News, the division of the BBC responsible for newsgathering and production. It is one of the most popular news webs ...
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Tudou
Tudou, Inc. () is a Chinese video-sharing website headquartered in Shanghai, China, where users can upload, view and share video clips. Tudou went live on April 15, 2005 and by September 2007 served over 55 million videos each day." Tudou now bigger than Youtube?"
Shanghaiist, October 11, 2007.
In 2007 Tudou was one of the world's largest bandwidth users, moving more than 1 per day to 7 million users. serves a larger number of videos per day, but the average Tudou video is longer in duration, meaning the total number of minutes of video being streamed dail ...
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Haidian District, Beijing
Haidian District () is a district of the municipality of Beijing. It is mostly situated in northwestern Beijing, but also to a lesser extent in the west, where it has borders with Xicheng District and Fengtai District. It is 431 square km in area, making it the second-largest district in urban Beijing area (after Chaoyang), and is home to 2,240,124 inhabitants (2000 Census). Sister cities Since 1992, Haidian District has signed official papers and established Sister City relationship with 14 cities and districts from 10 countries of 4 continents. Some sister cities are shown below: South America * Santa Fe, Argentina (May 2010) * La Falda, Cordoba, Argentina (10 September 2009) North America * Cambridge, Massachusetts, United States (8 February 2008) * Harrisburg, Pennsylvania, United States (15 April 1998) Europe * Savonlinna, Finland (9 March 2016) * Olympia, Peloponnesus, Greece (28 February 2008) * Groningen, Netherlands (19 October 2004) * Bures-sur-Yvette, Mass ...
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Sina (website)
Sina Corporation (, "new wave") is a Chinese technology company. Sina operates four major business lines: Sina Weibo, Sina Mobile, Sina Online, and Sinanet. Sina has over 100 million registered users worldwide. Sina was recognized by ''Southern Weekend'' as the "China's Media of the Year" in 2003. Sina owns Sina Weibo, a Twitter-like microblog social network, which has 56.5 percent of the Chinese microblogging market based on active users and 86.6 percent based on browsing time over Chinese competitors such as Tencent and Baidu. The social networking service has more than 500 million users and millions of posts per day, making it the largest Chinese-language mobile portal. The company was founded in Beijing in 1998, and its global financial headquarters have been based in Shanghai since October 1, 2001. Sina App Engine (SAE) is the earliest and largest PaaS platform for cloud computing in China. It is run by SAE Department, which was founded in 2009. SAE is dedicated in provi ...
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Tencent Video
Tencent Video (, also called WeTV outside of China) is a Chinese video streaming website owned by Tencent. The website was launched in April 2011, and is one of China's largest online video platforms. As of March 2022, Tencent Video has over 1.268 billion mobile monthly active users, and 123 million VIP subscribers, making it the 4th largest streaming service in the world, after Netflix, Amazon Prime Video, and Disney+. Tencent Video also operates an international version, WeTV, which was launched in 2018. History In April 2011, Tencent Video officially launched with an independent domain. Tencent Video supports online Video-on-Demand, and television broadcasts, and in July 2017 began featuring video content on China's biggest television maker, TCL. Usage In October 2017, Tencent Video's revenue was CNY 65.2 billion (US$9.87 billion). In September 2017, Tencent Video was one of eight Chinese apps in the top 30 mobile apps with the largest revenue in the App Store and Googl ...
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PPTV
PPTV () is a Chinese video streaming website. Its predecessor, PPLive, was peer-to-peer streaming video freeware created at the Huazhong University of Science and Technology in Wuhan, Hubei Province. The group of companies that runs the website was headed by Cayman Islands-incorporated offshore company PPLive Corporation. However, the actual operations were mainly carried out by Shanghai SynaCast Media Tech Co., Ltd. (). History A 68.08% stake of the parent company of PPTV, PPLive Corporation, was acquired by Chinese blue chip listed company Suning Commerce Group (now known as Suning.com) in 2013–14. However, the stake was re-sold to Suning.com's largest shareholder, Zhang Jindong's Suning Holdings Group in 2015, for . TV rights PPTV owns the following football broadcasting rights in China: *International Champions Cup *UEFA **UEFA National Team Home Friendlies (2018–2022) **UEFA Champions League (2018–2022) **UEFA Europa League (2018–2022) **UEFA Super Cup (20 ...
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Funshion
Funshion is a Chinese peer-to-peer streaming video network software and website. Target users are on the Chinese mainland. The vast majority of content is from East Asia, mostly Mainland China, Japan, Korea. Company Funshion Online was founded on September 28, 2005, and is headquartered in Beijing, China. The company is partnering with SMG's BesTV. Applications It provides TV programs and movies on demand stably and smoothly to broadband users. Funshion uses peer-to-peer streaming technology and supports high-volume traffic. There are 290 000 000 registered users, 60,000,000 daily users. See also *PPLive *QQLive QQlive is a live streaming video freeware created by Tencent, which takes advantages of advanced P2P streaming media technology to ensure that the platform can keep up with traffic. It attracts 3,000,000 visitors per day. ... External linksOfficial site
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The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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LeTV
Le.com (), known legally as Leshi Internet Information and Technology Corp., Beijing, is a Chinese technology company, and one of the largest online video companies in China. It is headquartered in Chaoyang District, Beijing. Leshi Internet formerly did business as LeTV in English instead of Le.com. However, Leshi Internet still operates the brand Leshi Video in Chinese (). History Jia Yueting founded Letv.com in 2004. It was subsequently listed as a Chinese national high-tech enterprise and went public on the Shenzhen Stock Exchange on August 12, 2010. Le.com claims to be the world's first IPO company in its sector. As of 2015, the listed company claimed the market capitalization of itself was US$12 billion. On 5 December 2015, Le.com announced that the listed company would acquire Le Vision Pictures from LeEco, a holding company majority owned by the largest shareholder, founder and chairman of Le.com, Jia Yueting, subject to the approval of the shareholders of the ...
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Bain Capital
Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. As of 2022, the firm managed approximately $160 billion of investor capital. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia. Since its establishment it has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), iHeartMedia, ITP Aero, KB Toys, Sealy, Sports Authority, Staples, T ...
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Sutter Hill Ventures
Sutter Hill Ventures is an American private equity firm focused on venture capital investments in technology-based start-up companies. Founded in 1964, Sutter Hill is one of the oldest venture capital firms still in operation. Based in Palo Alto, CA, the firm is primarily focused on investments in the fields of networking and computer technology, business and financial services, healthcare, web development, and pop culture, and have been known to invest in angel funds. The firm currently holds positions in a number of publicly traded companies, including Restoration Robotics (HAIR), Pure Storage (PSTG), Mattersight (MATR), Forty Seven (FTSV), Threshold Pharmaceuticals (THLD), Molecular Templates (MTEM), Cardica (CRDC), and Corcept Therapeutics (CORT). The firm has also incubated and invested in Snowflake Computing (SNOW) which had the record-setting technology IPO in 2020. History Sutter Hill Ventures was founded in 1964 by Bill Draper and Paul Wythes. It began as an off-s ...
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