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pimps
92 days, 16 hours, 36 minutes ago
Monday, November 09, 2009 12:55:49 AM GMT Sunday, November 08, 2009 8:45:38 PM GMT

Tudou: A Push Towards Mobile Video and Profits

Tudou: A Push Towards Mobile Video and Profits
 
www.techcrunch.com -- Executives from Tudou—one of two companies left fighting it out to be the YouTube of China—were in San Francisco earlier this week to meet with investors and do a little schmoozing. I met up with CEO Gary Wang and COO Sam Lai, who already raised some $85 million from Granite Global Ventures and General Catalyst Partners, and they swore they weren’t here trying to raise more cash. That's a bit of a shock. Last we wrote about Tudou and its arch-competitor YouKu, they were burning through hundreds of millions between them trying to find what YouTube still hasn’t: A way for online advertising to pay for video’s outrageous broadband costs.
beebee posted 92 days, 20 hours, 46 minutes ago     show counter code
tags: Company & Product Profiles

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