According to NetRatings, Tudou’s audience has tripled in last three months. In last three month to August 23rd, the number of weekly clips views skyrocketed by 175%, jumping from 131 million to 360 million. Weekly unique visitors increased by 150% from
Tudou has continually grown its market leadership position. According to AC Nielsen, 40 million Chinese Internet users are currently watching more than 1.2 billion videos each month off of the Tudou platform and according to iResearch, Tudou now accounts
Chinese video sharing site 56.com has closed a $10 million financing round from Disney’s funding arm Steamboat Ventures and SIG, according to Alarm Clock (via Redline China). The two-year-old company plans to use the funding to buildup its hardware, add
Yoqoo.com, a leading online video sharing and distribution platform in China, today announced it has completed a US$12 million round of private equity funding from Sutter Hill Ventures, Farallon Capital and Chengwei Ventures.
