Having the rights to stream the most popular shows Chinese video website Youku-Tudou is already the market leader. Recently Sohu, Tencent, and Baidu's Qiyi were planning to band together to purchase expensive video content that could help them better compete with Youku-Tudou.
Tech in Asia :: Last week, SEC filings from Chinese video website Youku finally shed some light on how exactly the Youku-Tudou merger went down. You can read the filings for yourself here if you’d like — background on the merger starts on page 97 — and while it’s heavy on mundane details, it actually makes for somewhat interesting reading.
Summary of the SEC filings - Continue to read C. Custer, www.techinasia.com