Pulse2 Technology and Social Media News » Tudou.com http://pulse2.com Sun, 27 May 2012 19:13:16 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Chinese Video Site Tudou Planning To Have A U.S. IPO http://pulse2.com/2010/11/10/chinese-video-site-tudou-planning-to-have-a-u-s-ipo/ http://pulse2.com/2010/11/10/chinese-video-site-tudou-planning-to-have-a-u-s-ipo/#comments Wed, 10 Nov 2010 21:39:40 +0000 Amit Chowdhry http://pulse2.com/?p=37573 Continue reading →]]>
Tudou.com, a Chinese video website is planning to have an IPO in the U.S. stock exchange according to an SEC filing. Tudou has filed for the symbol TUDO on the Nasdaq. The company is hoping to raise $120 million from the IPO.

In 2009, Tudou reported a loss of $21.6 million. The year before that they had a loss of $29.4 million. Revenues for 2009 was $16.9 million and revenues for 2008 was $4.7 million. They have 71.4 million registered users as of right now. Tudou launched their video platform in April 2005.

[TheStreet.com]

]]> http://pulse2.com/2010/11/10/chinese-video-site-tudou-planning-to-have-a-u-s-ipo/feed/ 0 Chinese Video Site, Tudou.com Serves 360 Million Videos Per Week http://pulse2.com/2007/09/09/chinese-video-site-tudoucom-serves-360-million-videos-per-week/ http://pulse2.com/2007/09/09/chinese-video-site-tudoucom-serves-360-million-videos-per-week/#comments Mon, 10 Sep 2007 04:07:15 +0000 Amit Chowdhry http://pulse2.com/2007/09/09/chinese-video-site-tudoucom-serves-360-million-videos-per-week/ Continue reading →]]> Tudou.com Logo
Tudou.com, a Chinese video portal was recently discovered by Nielsen//NetRatings that their user base has grown three times as much in the last three months and that 360 million videos are being served per week, up from 131 million. Tudou now receives 28.8 million unique visitors per week, up from 11.5 million three months ago. The number of weekly page views also grew and is now at roughly 493 million.

Tudou is now officially the third biggest search websites after Baidu and Sina according to the Chinese Web 2.0 Review blog. General Catalyst Partners are some of the investors in Tudou. General Catalyst are also investors in Eons.com and Brightcove.com.

This is clearly great news for Tudou, but does not for YouTube. Having a Chinese version of YouTube already established means that it’ll be harder for parent company, Google to penetrate this market. However, this would be an interesting market for Google to tap through means of acquisition. This is also an interesting opportunity for Yahoo!, Microsoft, or AOL who have also acquired digital advertising companies recently.

Although Yahoo! has already had a tumultuous time in doing business with companies in China, one cannot forget that China is the heaviest populated country in the world at 1.3 billion people. China’s 2006 GDP was roughly $10.17 trillion as well. China’s GDP isn’t quite as high as the U.S., but it is getting closer every year.

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