TITLE

Youku Strikes Major Milestone

AUTHOR(S)
Moresco, Justin
PUB. DATE
January 2008
SOURCE
Red Herring;1/9/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increase in the viewers traffic of Chinese online video site Youku. The online video site, which was launched in December 2006, claimed that its traffic increased by about 20-fold since its launch. It reported that it is receiving 100 million daily video views and 12 million daily unique visitors. Analysts predict that Chinese Internet businesses will follow the path of their counterparts in the U.S. Victor Koo, chief executive officer (CEO) of Youku, forecasted that 2008 will be the year for online video advertising to emerge and grow quickly in China.
ACCESSION #
36962001

 

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