Eleven months had passed since MySpace China launched in last year, and now they have a new Chinese partner, i.e. Youku, one of the China’s popular video sharing platforms. According to Youku (in Mandarin), both companies have form alliance and agreed to build a jointly video portal called MySpaceYouku.
MySpaceYouku will primarily feature the Chinese [...]

Tags: China, MySpace, video sharing, Youku

I have came up a list which showed the vibrant venture capital (VC) market in China, especially the funds that these video sites received. In matter of fact, a number of prominent American VCs that raised funds and investing in China sites have thus helped the growth of this market.

Youku.com: They have completed $25 million [...]

Tags: 56.com, China, Pomoho, PPStream, TuDou, UUSee, venture capital, Youku