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Alibaba Offers to Buy Chinese Online Video Service Youku Tudou for $3.6 Billion | Concurrent Media
Youku Tudou, a cross between YouTube and Netflix, draws more than 500 million people each month to the movies and TV shows it licenses and produces, in addition to user-generated videos. Source: Alibaba Offers to Buy Chinese Online Video Service Youku Tudou for $3.6 Billion - The New York Times