Sina Invests US$40m in Tudou for 4% Share
Since online video site, Tudou, just went public only just last week, they have already attracted a US$40m investment from Sina for 4%. It is believed that Tudou will remain independent but it is speculated that Tudou will eventually operate Sina’s video platform since video makes up a small portion of Sina’s business.
Perhaps, Sina has felt pressure to react to rumours that Tencent has its eyes set upon the leading video site, Youku. CEO, Jiang Lan of Share Media, a video advertising agency believes that Sina chose to invest in Tudou due to its low valuation, where it trades at less than 25% of Youku’s valuation but still holds the number 2 position. But already their investment has lost US$550 million in value after Tudou shares dropped 7.54% and closed last Friday, US time at US$19.24.
Sina CEO, Charles Chao has announced that video will become a part of Sina’s “total media platform,” and become an important part of the overall revenue model. In the second quarter, Sina video advertising revenue grew 110% year on year.
新浪のCEOであるCharles Chao氏は、動画サイトは新浪の「総合メディアプラットフォーム」の一部となり、総収益モデルの重要な要素となると発表した。新浪の 第2四半期の動画広告収益は前年対比で110%伸びている。
Sina(新浪)のCEO、Charles Chaoは、動画はSina(新浪)の「トータルメディアプラットフォーム」になるだろう、そして全体的収益モデルの重要な一部となるだろうと発表した。第2四半期にはSina(新浪)の動画広告収益は前年比で110%成長した。
SinaのCEO、Charles Chaoは、動画はSinaの「トータルメディアプラットフォーム」の一部となり、総収益モデルの重要な一部となると表明した。第2四半期には、Sinaの動画広告収益は前年比で110%増加した。