Spend U.S. $ 40 Million, Youku Watching YouTube
Spend U.S. $ 40 Million, Youku Watching YouTube
China – online video sharing site locally named Youku China increasingly popular than YouTube. Although it only happens at home Youku, but the fund about U.S. $ 40 million has been prepared to expand their expansion.
As quoted from PC World and quoted on Monday (21/12/2009), the site established since 2006 and it also has a local competitor. But competitors such Youku, the concept TV drama series and more leads to professional videos.
Besides still in early stages of development, Youku also has a mobile project that will be launched early this year. This is because China is one of the nation’s largest 3G users in the world. Based on data from last October, in China alone there are 10 million 3G users.
As in the United States, online video in China is very popular among Internet users that the average young man, with a market potential exceeding U.S.. There are approximately 338 million Internet users by the end of this June. The number of the most compared to other countries, according to data from CR-Nielsen.
