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
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.
