September 22, 2014 11:09 PM ET

Internet Software and Services

Company Overview of Youku Tudou Inc.

Company Overview

Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables consumers to search, view, and share video content across various devices. The company’s services for users comprise online video content library consisting primarily of professionally produced content, including television serial dramas, movies, current event reports, variety shows, and music videos. It also provides guided user-generated content through Youku Paike and Youku Niuren programs; and produces a range of content, such as sponsored Web serial dramas, reality shows, interviews, and variety shows under Youku Originals brand. The company’s other ser...

SinoSteel Plaza

11th Floor

8 Haidian Street

Haidian District

Beijing,  100080

China

Founded in 2005

2,056 Employees

Phone:

86 10 5885 1881

Key Executives for Youku Tudou Inc.

Youku Tudou Inc. does not have any Key Executives recorded.

Youku Tudou Inc. Key Developments

Youku Tudou Inc. Presents at Macquarie Korea Media and Content Corporate Day, Aug-28-2014

Youku Tudou Inc. Presents at Macquarie Korea Media and Content Corporate Day, Aug-28-2014 . Venue: Macquarie Hong Kong Office, Hong Kong.

Youku Tudou Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014

Youku Tudou Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. The company's net revenues were RMB 958.7 million (USD 154.5 million), a 27% increase from the corresponding period in 2013. The company derive a part of revenues from mobile value-added services through partnership agreements with third party mobile network operators and shares the fees collected by the mobile network operators for such services. Net loss was RMB 164.4 million (USD 26.5 million), a 57% increase from the corresponding period in 2013. Non-GAAP net loss was RMB 75.9 million (USD 12.2 million) in the second quarter of 2014, as compared to RMB 44.6 million (USD 7.2 million) from the corresponding period in 2013. Basic and diluted loss per ADS, each representing 18 Class A ordinary shares of the Company, for the second quarter of 2014 amounted to RMB 0.88 (USD 0.14) and RMB 0.88 (USD 0.14), respectively. Non-GAAP basic and diluted loss per ADS for the second quarter of 2014 amounted to RMB 0.41 (USD 0.07) and RMB 0.41 (USD 0.07), respectively. Non-GAAP adjusted EBITDA loss was RMB 52.9 million (USD 8.5 million) in the second quarter of 2014, as compared to RMB 28.7 million (USD 4.6 million) from the corresponding period in 2013. Loss before income taxes was RMB 164,423,000 against RMB 104,993,000 a year ago. Net cash used in operating activities was RMB 155,156,000 against RMB 63,399,000 a year ago. Acquisition of property and equipment was RMB 84,968,000 against RMB 34,549,000 a year ago. Acquisition of intangible assets was RMB 246,320,000 against RMB 102,500,000 a year ago. Non-GAAP loss from operations was RMB 89,282,000 against RMB 56,220,000 a year ago. EBITDA loss was RMB 138,005,000 against RMB 84,409,000 a year ago. For the six months period, the company reported net revenues of RMB 1,659,093,000 against RMB 1,269,454,000 a year ago. Loss from operations was RMB 406,286,000 against RMB 370,192,000 a year ago. Loss before income taxes was RMB 389,128,000 against RMB 337,467,000 a year ago. Net loss was RMB 389,140,000 or RMB 0.12 per basic and diluted share against RMB 337,525,000 or RMB 0.11 per basic and diluted share a year ago. Net cash provided by operating activities was RMB 101,345,000 against net cash used in operating activities of RMB 59,205,000 a year ago. Acquisition of property and equipment was RMB 113,159,000 against RMB 61,913,000 a year ago. Acquisition of intangible assets was RMB 412,211,000 against RMB 341,421,000 a year ago. Non-GAAP loss from operations was RMB 241,335,000 against RMB 259,431,000 a year ago. Non-GAAP net loss was RMB 224,189,000 or RMB 0.12 per basic and diluted share against RMB 226,764,000 or RMB 0.11 per basic and diluted share a year ago. EBITDA loss was RMB 336,866,000 against RMB 296,865,000 a year ago. Non-GAAP EBITDA loss was RMB 173,097,000 against RMB 205,105,000 a year ago. For the third quarter of 2014, the company expects net revenues will be between RMB 1.09 billion and RMB 1.13 billion, with advertising net revenues contributing between RMB 965 million and RMB 1.01 billion.

Youku Tudou Inc. to Report Q2, 2014 Results on Aug 19, 2014

Youku Tudou Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 19, 2014

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