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TUDO
Tudou Holdings

5/26/2012, 3:29 PM ET
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TUDO Market Currents more »
  • Monday 1:22 PM Youku.com (YOKU +9.8%) and Tudou (TUDO +10.1%), whose planned merger will create a Chinese online video giant, rally strongly following Tudou's Q1 beat. Tudou's revenue surged thanks to a 63% Y/Y increase in online ad sales, and a 53% increase in mobile service sales. However, in a sign monetization may be lagging traffic growth, bandwidth costs amounted to 51% of revenue, up from 39% in the year-ago period. (PR) [Tech, Earnings, On the Move]
  • Monday 9:13 AM Tudou Holdings (TUDO): Q1 EPS of -$0.75 beats by $0.25. Revenue of $22.3M (+77% Y/Y) beats by $0.5M. (PR) [Earnings, Tech]
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Country: China