YOUKU (优酷)
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YOUKU (优酷)
Youku Tudou Inc. (formerly Youku Inc.), doing business as Youku (), is a video streaming service and former video sharing website based in Beijing, China. It operates as a subsidiary of Alibaba Group Holding Limited. Youku has its headquarters in the Sinosteel Plaza in Haidian District, Beijing. On 12 March 2012, Youku reached an agreement to merger with Tudou in a stock-for-stock transaction, the new entity being named Youku Tudou Inc. In 2014, it had more than 500 million monthly active users, with 800 million daily video views. Youku is one of China's top online video and streaming service platforms, along with iQiyi, Sohu, LeTV, Tencent Video, PPTV, 56.com and Funshion. However, Youku's domination in the Chinese market was toppled by its competitor Baidu's iQiyi in 2015. History Youku was founded by Victor Koo (Gu Yongqiang), former President of Chinese Internet portal Sohu. Initial funding for the site came from 1Verge, a fund raised by him. A beta version of the s ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Doing Business As
A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with a relevant government body is often required. In a number of countries, the phrase "trading as" (abbreviated to t/a) is used to designate a trade name. In the United States, the phrase "doing business as" (abbreviated to DBA, dba, d.b.a., or d/b/a) is used,Pinkerton's, Inc. v. Superior Court'', 49 Cal. App. 4th 1342, 1348-49, 57 Cal. Rptr. 2d 356, 360 (1996) (collecting cases and explaining term of art "doing business as" (DBA)). among others, such as assumed business name or fictitious business name. In Canada, "operating as" (abbreviated to o/a) and "''trading as''" are used, although "''doing business as''" is also sometimes used. A company typically uses a trade name to conduct business using a simpler name rather than using their for ...
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Funshion
Funshion is a Chinese peer-to-peer streaming video network software and website. Target users are on the Chinese mainland. The vast majority of content is from East Asia, mostly Mainland China, Japan, Korea. It provides a free streaming service and also has its own brand of smart TV. Company Beijing Funshion Online Technology Co Ltd was established in 2005. The company initially focused on broadcast, content search and distributing streaming media. Funshion Online was officially founded on September 28, 2005, with headquarters in Beijing, China. The company later partnered with SMG's BesTV. In January 2016, Luo Jiangchun was Funshion's CEO, and the company was working on product development with other companies such as Shanghai Oriental Pearl Media Co Ltd, Shenzhen MTC Co Ltd, Haier, Panda Electronics Group, and Gome Electrical Appliances Holding Ltd. On December 10, 2016, Funshion released its first smart TV model. Applications Funshion Online Technologies Ltd devel ...
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PPTV
PPTV () is a Chinese video streaming website. Its predecessor, PPLive, was peer-to-peer streaming video freeware created at the Huazhong University of Science and Technology in Wuhan, Hubei Province. The group of companies that runs the website was headed by Cayman Islands-incorporated offshore company PPLive Corporation. However, the actual operations were mainly carried out by Shanghai SynaCast Media Tech Co., Ltd. (). History A 68.08% stake of the parent company of PPTV, PPLive Corporation, was acquired by Chinese blue chip listed company Suning Commerce Group (now known as Suning.com) in 2013–14. However, the stake was re-sold to Suning.com's largest shareholder, Zhang Jindong's Suning Holdings Group in 2015, for . TV rights PPTV owns the following football broadcasting rights in China: * International Champions Cup *UEFA **UEFA National Team Home Friendlies (2018–2022) **UEFA Champions League (2018–2022) **UEFA Europa League (2018–2022) **UEFA Super Cu ...
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Tencent Video
Tencent Video ( zh, s=腾讯视频, p=Téngxùn Shìpín, also called WeTV outside of China) is a Chinese video streaming website owned by Tencent, launched in April 2011. As of October 2022, Tencent Video has 120 million paid subscribers, making it the 4th largest streaming service in the world, after Netflix, Amazon Prime Video, and Disney+. Tencent Video also operates an international version, WeTV, which was launched in 2018. Tencent Video supports online video on demand, television broadcasts, and in July 2017 began featuring video content on TCL Corporation, China's biggest television maker. History Tencent Video launched with an independent domain in April 2011; the Tencent Video documentary channel was launched in June. By August 2012, Tencent Video had reached 200 million daily average broadcasts. On 27 April 2013, Tencent Video reached an agreement with six major production companies: BBC Worldwide, ITV Studios, Fremantle Media, All3Media International, and End ...
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LeTV
Le.com (), known legally as Leshi Internet Information and Technology Corp., Beijing, is a Chinese technology company, and one of the largest online video companies in China. It is headquartered in Chaoyang, Beijing, Chaoyang District, Beijing. Leshi Internet formerly did business as LeTV in English instead of Le.com. However, Leshi Internet still operates the brand Leshi Video in Chinese (). History Jia Yueting founded Letv.com in 2004. It was subsequently listed as a Chinese national high-tech enterprise and went public on the Shenzhen Stock Exchange on 12 August 2010. Le.com claims to be the world's first IPO company in its sector. As of 2015, the listed company claimed the market capitalization of itself was US$12 billion. On 5 December 2015, Le.com announced that the listed company would acquire Le Vision Pictures from LeEco, a holding company majority owned by the largest shareholder, founder and chairman of Le.com, Jia Yueting, subject to the approval of the sh ...
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Sohu
Sohu, Inc. () is a Chinese Internet company headquartered in the Sohu Internet Plaza in Haidian District, Beijing. Sohu and its subsidiaries offer advertising, a search engine (Sogou.com), on-line multiplayer gaming (ChangYou.com) and other services. History Sohu was founded as Internet Technologies China (ITC) in 1996 by Charles Zhang after he completed his PhD from the Massachusetts Institute of Technology and received venture capital funding from colleagues he met there. The following year, Zhang changed the name of ITC to Sohoo in homage to Yahoo! after meeting its cofounder, Jerry Yang; the name was soon after changed to Sohu to differentiate it from the American company. Sohu has been listed on NASDAQ since 2000 through a variable interest entity (VIE) based in Delaware. Sohu's Sogou.com search engine was in talks to be sold in July 2013 to Qihoo for around $1.4 billion. On September 17, 2013, it was announced that Tencent has invested $448 million for a minority sh ...
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IQiyi
iQIYI (, pronounced in English as ), formerly Qiyi (), is a Chinese subscription video on-demand over-the-top streaming service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series. iQIYI is currently one of the largest online video sites in the world, with nearly 6 billion hours spent on its service each month and over 500 million monthly active users. On March 29, 2018, the company issued its initial public offering in the United States and raised $2.25 billion. History Qiyi was founded on January 6, 2010, by Baidu with support from Providence Equity Partners. It changed its name to iQIYI in November 2011. On November 2, 2012, Baidu bought Providence's stake and took full ownership. On May 7, 2013, Baidu purchased the online video business of PPStream Inc. for $370 million, which later became a subsidiary of iQIYI. On July 17, 2014, the site launched its film production division, iQIYI Motion Pictures, to expa ...
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Monthly Active Users
Active users is a software performance metric that is commonly used to measure the level of engagement for a particular software product or object, by quantifying the number of active interactions from users or visitors within a relevant range of time (daily, weekly and monthly). The metric has many uses in software management such as in social networking services, online games, or mobile apps, in web analytics such as in web apps, in commerce such as in online banking and in academia, such as in user behavior analytics and predictive analytics. Although having extensive uses in digital behavioural learning, prediction and reporting, it also has impacts on the privacy and security, and ethical factors should be considered thoroughly. It measures how many users visit or interact with the product or service over a given interval or period. However, there is no standard definition of this term, so comparison of the reporting between different providers of this metric is problemati ...
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Tudou
Tudou, Inc. () is a Chinese video-sharing website headquartered in Shanghai, China, where users can upload, view and share video clips. Tudou went live on April 15, 2005 and by September 2007 served over 55 million videos each day." Tudou now bigger than Youtube?"
Shanghaiist, October 11, 2007.
In 2007 Tudou was one of the world's largest bandwidth users, moving more than 1 per day to 7 million users. serves a larger number of videos per day, but the average Tudou video is longer in duration, meaning the total number of minutes of video being streamed ...
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Haidian District, Beijing
Haidian () is a northwest urban district of Beijing, bordering Xicheng, Beijing, Xicheng and Fengtai, Beijing, Fengtai. It is in area, making it the second-largest district in urban Beijing area (after Chaoyang, Beijing, Chaoyang), and is home to 3,133,469 inhabitants as of November 2020. Administrative division Haidian is divided into 22 Subdistrict (China), subdistricts and 7 Townships of the People's Republic of China, towns. History Haidian was originally a village outside of Beijing's Inner City.University of Texas Perry–Castañeda Library Map Collection: A portion of "Originalkarte der Ebene von Peking und des Gebirkslandes im Westen und Norden der Capitale" from Mittheilungen aus Justus Perthes' Geographischer Anstalt uber Wichtige Neue Erforschungen auf dem Gesammtgebiete der Geographie von Dr. A. Petermann. Erganzungsband 10, 1876. It was first built in the Yuan dynasty and became one of the eight major business areas of the capital during the Qing dynasty and ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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