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Tudou Denied Rumors Of Stop Listing And Sale

2011/4/22 11:53:00 48

Tudou Is On Sale.

Yesterday (April 21st), employment rumors.

Potato net

Stopped listing process and sought news of sale, Huang Huiwen, vice president of Tudou network, said that Tudou is still planning in the United States.

list

And actively promoting

IPO

Plan.


It is reported that in November 10, 2010, the prospectus submitted by Tudou to the securities and Exchange Commission of the United States sought to be listed on the US market IPO (initial public offering).

Internet analyst Li Zhongcun pointed out that since then, due to improper disclosure of Tudou's financial data and Tudou CEO Wang Wei's personal divorce storm, Tudou's listing plan has been stranded repeatedly.

Recently, some investment bankers said that Tudou restarted the NASDAQ listing plan.

However, yesterday, the market again heard that copyright costs continue to increase and investors to cash in on pressure. Tudou decided to stop listing and is looking for acquirers to sell, while potato rival Youku is negotiating with potatoes about the paction.

However, the news was denied by vice president Huang Hui Wen of the potato.


 
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