Alibaba and Yunfeng Capital will buy the stake in the video-sharing website Youku Tudou. Photo: Martin Chan
Alibaba to buy US$1.22 billion stake in video-sharing firm Youku Tudou
US$1.22b investment inYouku Tudou is partof venture into the entertainment industry
Alibaba and Yunfeng Capital will buy the stake in the video-sharing website Youku Tudou. Photo: Martin Chan