More great video company online deviations 161pc American Office China

Youku.com 161Pc jumped to $33.44 Wednesday, after completing a PIT 203 m $. He has recorded the largest rise since Beijing Baidu, China's most popular search engine owner, has more than quadrupled its offer in August 2005 after.

Chinese website colleague e-commerce China Dangdang - a bookseller online - acquired 87pc after his initial sale of 272 m $ on a positive day for businesses of the internet in the country.

Basis of Chicago Harris Private Bank, Chief Investment Officer Jack Ablin said Youku.com and China Dangdang "two companies that excite the imagination of investors", Bloomberg. "Intellectual property offices represent an intersection of China and the Internet, so everyone is jumping on board for this theme," he said.

Youku.com, whose name means "excellent and cool" sold m 15.85 American Depositary receipts for CDN $ each after offering 15.4 m for $9 to $ 11 each, show an SEC filing, and data from Bloomberg.

Market video online China has more than doubled, 621 m yuan (£ 59 m last quarter, according to the research focused on the Beijing Analysys International company. Google YouTube, the world, the most popular video sharing site is blocked for China's internet users.

"The opportunity to market, especially in terms of consumption, is more obvious and continues to be robust," Victor Koo, founder and CEO of Youku.com, said. "This is something that is interesting and challenging many US investors".


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