Youku.com
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Youku.com - overview
Established
2005
Location
Beijing, -, China
Primary Industry
Internet
About
Youku. com is a prominent video-sharing platform that provides a rich array of content, enabling users to access and enjoy diverse programming seamlessly across multiple devices. Founded in 2005 in Beijing, China, Youku. com operates as a video-sharing platform designed to enhance user engagement through high-definition content delivery.
In December 2010, Youku Tudou Inc. raised USD 202. 9 mn in an IPO, selling 15. 8 million shares at USD 12.
8 per share on NASDAQ. Subsequently, in March 2012, Youku merged with Tudou in a 100% stock-for-stock transaction, forming the consolidated entity Youku Tudou Inc. Youku primarily operates as a video-sharing platform that integrates multiple features to enhance user experience and content accessibility. Its core offerings include synchronized multi-device viewing capabilities, allowing users to maintain a seamless viewing experience across various platforms.
Youku's extensive content library features a diverse range of programming, including popular fantasy animated series, engaging reality shows, and historical documentaries, catering to the tastes of a broad audience. The platform is designed to deliver high-definition viewing experiences, targeting domestic consumers as well as international audiences interested in Chinese culture and entertainment. Youku's services are predominantly available in the Chinese market and are tailored to meet the needs of its vast user base, comprised of both individual consumers and content creators. The revenue model of Youku is primarily subscription-based, providing users with access to premium content at a fixed monthly fee.
Users can subscribe to a monthly plan, which is priced at 9. 9 yuan, granting them access to a variety of high-quality content including films, series, and documentaries. This pricing structure encourages direct-to-consumer transactions, fostering a loyal subscriber base. Revenue is further supplemented through potential partnerships and advertising, which may involve collaborations with content creators and brands looking to reach Youku's extensive audience.
The platform's diverse content offerings, combined with its user-friendly features, facilitate a steady flow of transactions, ultimately contributing to its financial performance. Youku's future growth strategy includes the continued enhancement of its content library, with plans to introduce new programming aimed at both domestic and international audiences. The recent IPO funding of USD 202. 9 mn will be utilized to explore expansion opportunities in additional geographic markets, particularly in Southeast Asia by the end of 2023.
The company aims to leverage its established platform to attract a wider audience and enhance content offerings, ensuring sustained growth and engagement.
Current Investors
Farallon Capital Management, Chengwei Capital, Sutter Hill Ventures
Primary Industry
Internet
Sub Industries
Internet, Music & Video Streaming Software, Television & Film
Website
www.youku.com
Company Stage
Series E/Round 5
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.