Youku.com (YOKU -7.4%) and Tudou (TUDO -9.8%) crash after it's learned Tudou COO Evelyn Wang has...

|About: Youku Tudou Inc. (YOKU)|By:, SA News Editor

Youku.com (YOKU -7.4%) and Tudou (TUDO -9.8%) crash after it's learned Tudou COO Evelyn Wang has resigned, supposedly to "pursue personal development opportunities elsewhere." Tudou asserts the resignation won't affect its planned merger with Youku, which stands to create a Chinese online video behemoth.