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In response to Youku.com (YOKU) and Tudou's (TUDO) planned merger, which stands to create a...
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Wednesday, April 25, 2012, 2:17 PM ETIn response to Youku.com (YOKU) and Tudou's (TUDO) planned merger, which stands to create a dominant player in the Chinese online video market, Sohu (SOHU), Tencent (TCEHY.PK), and Baidu's (BIDU) Qiyi video site are planning to pool their resources to purchase content, as well as share their video libraries. The news comes 2 days after Youku announced a new deal with CBS.
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