UDINE, Italy — Alibaba, China’s massive home shopping group, is further ramping up its interest in media with the purchase of a $1.22 billion stake in China’s online video market leader Youku Tudou.

The companies expect to complete the deal, which will combine the number one and two video sites in the country, "as soon as practicable." By Georg Szalai Global Business Editor LONDON – The planned ...

Alibaba Group Holding Ltd. is exploring options for its video entertainment assets, according to people familiar with the matter, as the Chinese tech giant wades deeper into its plan to revamp its ...

Younger-skewing Tudou will launch three self-produced shows, including one providing updates on celebrity culture and the entertainment industry. By Georg Szalai Global Business Editor Youku Tudou, ...

Chinese video site, Youku Tudou, will focus its growth strategy primarily on its home market but is open to setting up international operations in the future. During a teleconference Wednesday, Youku ...

HANGZHOU & BEIJING, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE:BABA) and Youku Tudou Inc. (NYSE:YOKU) today announced their entry into a definitive merger agreement pursuant to which ...