Youku Tudou Issues Clarification of Press Release Dated June 2, 2015 on Forming Marvel Online Movie Marketing Partnership

BEIJING, June 5, 2015 /PRNewswire/ -- Youku Tudou, Inc. (NYSE: YOKU), China's leading Internet television company ("Youku Tudou") would like to provide clarification on certain facts referenced in a press release issued on PRNewswire on June 2, 2015 in relation to its business relationship with Disney. The press release stated that the two companies had formed an exclusive online marketing partnership in China for the Marvel collection of movies and TV series. Youku Tudou would like to clarify that while it has worked with Disney since 2013 on numerous online marketing initiatives in China pertaining to the Marvel collection of movies and TV series, no exclusive marketing deals or arrangements have been signed or concluded by the two companies.

About Youku Tudou Inc.

Youku Tudou Inc. (NYSE: YOKU) is China's leading Internet television company. Its Youku and Tudou Internet television platforms enable users to search, view and share high-quality video content quickly and easily across multiple devices. Its Youku brand and Tudou brand are the most recognized online video brands in China. Youku Tudou's American depositary shares, each representing 18 of Youku Tudou's Class A ordinary shares, are traded on the NYSE under the symbol "YOKU."

Jay Chen
Communications Director, Youku Tudou Inc.
[phone]x7161
[e-mail]

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SOURCE Youku Tudou Inc.

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