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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. | NYSE:YOKU | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 27.54 | 0 | 01:00:00 |
From Jul 2019 to Jul 2024
Youku.com Inc. (YOKU) launched its paid-content platform with Warner Bros. Home Entertainment Group's joint venture in China, expanding its offerings of new releases and other titles to its library, sending its American Depositary Shares higher.
The online television company, which allows users to upload video, launched the service in October. It said it has processed 200,000 paid transactions for its library, which includes more than 300 movies.
"Over the past year, we've seen Chinese Internet users become more sophisticated in terms of what they'll spend money on," said Youku Chief Financial Officer Dele Liu.
Youku, which went public in December, generated the best first-day pop for a U.S. initial public offering in more than five years at the time.
The company's ADS were up 7% at $29.20 in recent premarket trading. They have more than doubled since their IPO.
-By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com
1 Year Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. Chart |
1 Month Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. Chart |
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