Youku Tudou Inc. (YOKU) - NYSE
  • Jun. 17, 2015, 10:14 AM
    • Ku6 Media (NASDAQ:KUTV) is down 1.5%, bucking China media stocks that are sharply higher this morning.
    • Youku Tudou (YOKU +7.4%), Xunlei (XNET +6.3%) and Sohu.com (SOHU +5.6%) are following other Chinese stocks significantly higher, and Phoenix New Media (NYSE:FENG) is up 2.1%.
    • Ku6 has lost 7.2% of its value since a Q1 report Friday where revenues slipped 32% Q/Q and expressed "substantial doubt" about its ability to continue as a going concern.
    • Previously: Ku6 Media down 7.9% as Q1 revenues slide (Jun. 12 2015)
    | Jun. 17, 2015, 10:14 AM
  • Jun. 5, 2015, 11:18 AM
    • Youku Tudou (NYSE:YOKU) is up 3.9% after some volatile trade following a statement from the firm clarifying its role in what it had called an "exclusive" deal for Marvel content.
    • "Youku Tudou would like to clarify that while it has worked with Disney since 2013 on numerous online marketing initiatives in China pertaining to the Marvel collection of movies and TV series, no exclusive marketing deals or arrangements have been signed or concluded by the two companies."
    • Shares were up solidly before dropping to a loss on the day with the statement, and have quickly recovered.
    | Jun. 5, 2015, 11:18 AM | 1 Comment
  • Jun. 2, 2015, 11:00 AM
    • Youku Tudou (NYSE:YOKU) is up 9% in U.S. trading after announcing a partnership with Walt Disney (NYSE:DIS) to become the exclusive online movie marketing platform in China for Marvel content.
    • The market leader claims some 500M unique monthly users and says online marketing boosted Captain America: The Winter Soldier to nearly 800M yuan in China compared to 80M yuan for the franchise's previous film.
    • The company adds that the trailers and Youku Original productions for Captain America: The Winter Soldier and Guardians of the Galaxy have over 41M cumulative views, with over 15.8M combined movie VOD views on the Youku Tudou Platform.
    • In the deal, Youku will "drive online marketing through promotion of trailers, online ticketing, live events and original programming dedicated to silver screen movies."
    | Jun. 2, 2015, 11:00 AM | 2 Comments
  • May 27, 2015, 12:47 PM
    | May 27, 2015, 12:47 PM | 1 Comment
  • May 22, 2015, 12:47 PM
    | May 22, 2015, 12:47 PM | 4 Comments
  • May 22, 2015, 12:09 PM
    • The Shanghai exchange rose 2.8% overnight to a 7-year high, and has once more taken U.S.-traded Chinese Internet/mobile names higher with it.
    • Major gainers include Renren (RENN +10.4%), Youku (YOKU +14.1%), SouFun (SFUN +10.8%), Weibo (WB +4.4%), Dangdang (DANG +7.9%), Momo (MOMO +9.7%), and iDreamSky (DSKY +4.9%). Ctrip and eLong are also up sharply, following news an investor group featuring Ctrip bought a 62.4% stake in eLong from Expedia.
    • Renren, whose stable of online P2P lending investments has been drawing attention, is now up 31% since its May 12 Q1 report. Youku is up 33% since providing strong Q2 guidance to go with mixed Q1 results on Wednesday evening. Momo is up 44% since delivering market-pleasing Q1 results on Monday afternoon.
    • ETFs: KWEB, CQQQ, QQQC
    | May 22, 2015, 12:09 PM | 11 Comments
  • May 21, 2015, 10:20 AM
    • Building off postmarket gains yesterday, Chinese online video leader Youku Tudou (NYSE:YOKU) is up 16.6% this morning after posting a Q1 revenue beat and some strong revenue guidance for the second quarter.
    • On the company's earnings call, Victor Koo sounded bullish notes about the coming year's revenue with content marketing as a driver: While revenue growth as a public company has been strong, "On ARPU basis it’s still actually really, really low, and so on the consumer revenue side we feel that we’re just getting started and there is huge potential in this area."
    • Brean Capital raised its price target on the shares to $26: "We expect YOKU to further improve its brand ad monetization under its multi-screen entertainment and media strategy with increasing mobile contribution in 2015."
    • Shares are trading currently at $26.85.
    | May 21, 2015, 10:20 AM
  • May 20, 2015, 6:30 PM
    • China's net-TV leader Youku Tudou (NYSE:YOKU) was selling off after hours before reversing course, +1.4%, after it posted a mixed Q1 earnings report where a net loss widened despite revenues that grew 51% and beat expectations easily.
    • The company recorded a gross loss in non-GAAP terms of $5.3M, vs. a year-ago gross profit of $14.6M, as its content costs jumped 87.6%, to 669M yuan ($107.9M). Content costs were 59% of net revenues, up from 46%, and bandwidth costs of $49.5M were 29% of revenues.
    • Chairman and CEO Victor Koo says strategy will improve business economics: Q1 was "marked by solid progress in the three key growth pillars that drive our business development for this year: accelerated topline growth, revenue diversification, and significant ramp up of web-native content."
    • The company guided to Q2 revenues of 1.47B-1.52B yuan ($237M-$245M, on the high side of an expected $225.5M). It expects advertising revenues to be between 1.25B-1.3B yuan.
    • Conference call at 9 p.m. ET.
    | May 20, 2015, 6:30 PM
  • May 20, 2015, 6:10 PM
    • Youku.com (NYSE:YOKU): Q1 EPADS of -RMB2.49 misses by RMB0.24.
    • Revenue of RMB1.06B (+51.3% Y/Y) beats by RMB30M.
    | May 20, 2015, 6:10 PM
  • May 19, 2015, 5:35 PM
  • May 15, 2015, 2:26 PM
    • Youku Tudou (NYSE:YOKU) -- down 7.5% this morning after the CEO of iQiyi squelched rumors of a merger -- is now up 3.3% this afternoon, after announcing an alliance with Star Game to create a "gaming video ecosystem" in China.
    • The team-up, called the Star Video Alliance, aims to bring together the gaming video community on Youku's platform.
    • Youku notes that six of its top 10 channels devoted to user/player-generated content are dedicated to gaming videos that average daily views of 50M. There are more than 2,000 active PGC gaming channels on Youku Tudou.
    | May 15, 2015, 2:26 PM
  • May 15, 2015, 10:11 AM
    | May 15, 2015, 10:11 AM | 5 Comments
  • May 14, 2015, 2:23 PM
    • optionMONSTER reports strong call-buying activity for both Chinese online video leader Youku (YOKU +16.8%) and Korean analog/mixed-signal chipmaker MagnaChip (MX +7.2%).
    • More than 3,400 Youku calls expiring May 22 and sporting a $21 strike price have been bought, as have 2,800 calls expiring tomorrow and sporting a $20.50 strike price. The calls were all out of the money going into today. About 3,500 MagnaChip September calls sporting a $7.50 strike price (still out of the money) were bought yesterday at prices ranging from $0.65-$0.75.
    • Youku, quite volatile this year, is now up 92% from a March 31 low of $11.85. MagnaChip, though still down sharply YTD thanks to a February crash that followed the end of its accounting review, is now up 29% from a May 5 close of $5.08.
    | May 14, 2015, 2:23 PM
  • May 6, 2015, 10:11 AM
    • Youku Tudou (YOKU -2.1%) has named Hugh Wu as its CFO and senior VP, effective immediately.
    • He previously served as CFO of Lenovo China and Asia Pacific Emerging Markets.
    • He's joining a firmed-up management team that also recently added a chief product officer in Teddy Gu. The company named Edward Su its new COO on March 5.
    • Shares are up 6.4% YTD.
    | May 6, 2015, 10:11 AM
  • Apr. 27, 2015, 12:17 PM
    • Chinese Internet stocks are adding to their big recent gains following a 2.7% overnight rally in Shanghai, as investor sentiment towards Chinese equities continues improving following a string of stimulus moves. Today's gains come with the Nasdaq (took out its 2000 highs on Friday) down 0.2%.
    • Baidu (BIDU +3%) is among the winners. Others include Youku (YOKU +10.7%), Vipshop (VIPS +4.1%), Dangdang (DANG +6.7%), 58.com (WUBA +3%), E-House (EJ +3.7%), 500.com (WBAI +4.3%), Sina (SINA +4.1%), Bitauto (BITA +3.1%), Autohome (ATHM +2.4%), Qunar (QUNR +3.5%), Xunlei (XNET +5.7%), and Renren (RENN +2.3%).
    • Baidu's gains come ahead of its Wednesday Q1 report. Vipshop and 58.com have made fresh highs; the latter is up 61% since the first report emerged of a deal (later confirmed) with rival Ganji.com. Youku is up 53% from an April 2 post-earnings low of $12.31, and 500.com is up 47% since the company suspended all online lottery sales in early April, while stating it will work with regulators to restart sales. Renren is up 31% from its March 30 close, possibly aided by enthusiasm for its large and growing portfolio of online lending investments.
    • JD.com and Sky-mobi are rallying today with the help of bullish analyst notes. Perfect World has received a lift from an improved buyout offer.
    • ETFs: KWEB, CQQQ, QQQC
    | Apr. 27, 2015, 12:17 PM
  • Apr. 20, 2015, 12:31 PM
    • Youku Tudou (YOKU -3.6%) is off today, bucking an uptrend among Chinese ADRs, as Summit Research has launched coverage of the shares at Hold, with a $16 price target. ADRs closed yesterday at $16.76 and are now trading at $16.14.
    • Meanwhile, Heyi Pictures, the company's filmmaking unit, announced six partnerships to create more films from partner properties, part of an expansion planned to build its film portfolio beyond 20 titles.
    • The unit is partnering with two IP providers (Mopian; and Readers Publishing and Media), an incubation partner in BlueVision Media, and three "cross-screen" partners (CCTV-6, AirMedia, Fundamental Films).
    • Mopian's participation in the deal starts with Qidian.com, a literary site feature hundreds of thousands of books (finished or in progress) that millions of readers visit and read for small micropayments. Top titles at Qidian.com (with more than 50M views) will be first to become movies.
    • Readers Publishing and Media holds eight publishing houses and 13 magazines as well as animation, digital and outdoor media platforms.
    | Apr. 20, 2015, 12:31 PM
Company Description
Youku Tudou Inc. provides Internet television and online advertising services. Its Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices. The company was founded by Wing Cheung Koo on September 20, 2005 and is... More
Sector: Technology
Industry: Internet Information Providers
Country: China