Youku.com Inc

Brief introduction

Youku.com Inc is leading internet video sharing website in China. Youku.com was founded on December 21th, 2006.. According to iResearch, Youku attracts approximately 203 million monthly unique visitors from homes and offices and 61 million monthly unique visitors from Internet cafes, and has a 40% share of total user time spent viewing online videos among Chinese internet users.

By September, Youku.com has raised totally 190 million USD venture capital from Brookside Capital LLC, Sutter Hill Ventures, Farallon Capital, Chengwei Ventures and Maverick Capital.

Youku went public at NYSE on Dec 8th,2010. Youku raised a total of $203 million through its IPO. At the closing of December 9, Youku shares price soared to $42.70, rising 234 percent.

Company: Youku.com Inc.

Youku Founder: Victor Koo (Victor Koo resume/bio)

Tencent official website: http://www.youku.com

Private or public traded: Listed on New York Stock Exchange on December 8, 2010.

Market capitalization(Market Cap): 40 billion USD

Address: 5th Floor, Sinosteel Plaza, 8 Haidian Dajie, Haidian District, Beijing, 100080, China

Contact information: Tel +86-10-5885-1881

Email address: shaodan@youku.com

User number: 100 million[1]

User growth rate: 50%[2]

Revenue: 50 million USD[3]

Revenue growth rate: 135%

Venture Captial(VC investors of Tencent): Brookside Capital LLC, Sutter Hill Ventures, Farallon Capital, Chengwei Ventures and Maverick Capital.

Competitors: Tudou.com, 56.com

Youku financial report: n/a

Relevant news stories

Youku IPO[4]

On December 8th, 2010, Youku raised $203m in its IPO, the share price rise to 42.70USD, a 234% increase. The market cap of Youku reaches 40 billion USD.


[1] According to tech.163.com/10/1214/08/6NRNFSDJ000915BF.html

[2] According to http://tech.163.com/10/1209/10/6NF3L7SG000915BF.html

[3] http://tech.163.com/10/1209/10/6NF3L7SG000915BF.html

[4] According to http://www.ft.com/cms/s/2/366360b2-02ec-11e0-bb1e-00144feabdc0.html#axzz190GWzS6v

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  1. […] Tudou, its main rival currently is none other than Youku. They have submitted their prospectuses almost at the same time last year, but now Tudou was left […]