Youku Tudou Issues Clarification of Press Release Dated June 2, 2015 on Forming Marvel Online Movie Marketing Partnership
June 05 2015 - 10:43AM
PR Newswire (US)
BEIJING, June 5, 2015 /PRNewswire/ -- Youku Tudou, Inc.
(NYSE: YOKU), China's leading
Internet television company ("Youku Tudou") would like to provide
clarification on certain facts referenced in a press release issued
on PRNewswire on June 2, 2015 in
relation to its business relationship with Disney. The press
release stated that the two companies had formed an exclusive
online marketing partnership in China for the Marvel collection of movies and
TV series. Youku Tudou would like to clarify that while it has
worked with Disney since 2013 on numerous online marketing
initiatives in China pertaining to
the Marvel collection of movies and TV series, no exclusive
marketing deals or arrangements have been signed or concluded by
the two companies.
About Youku Tudou Inc.
Youku Tudou Inc. (NYSE: YOKU) is China's leading Internet television company.
Its Youku and Tudou Internet television platforms enable users to
search, view and share high-quality video content quickly and
easily across multiple devices. Its Youku brand and Tudou brand are
the most recognized online video brands in China. Youku Tudou's American depositary
shares, each representing 18 of Youku Tudou's Class A ordinary
shares, are traded on the NYSE under the symbol "YOKU."
Jay Chen
Communications Director, Youku Tudou Inc.
+8610-5885-1881x7161
jaychen@youku.com
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SOURCE Youku Tudou Inc.
Copyright 2015 PR Newswire
Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. (NYSE:YOKU)
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