Tudou narrows losses
By Ding Yining |
March 2, 2012, Friday
|
Print Edition
Print Edition
CHINA'S second-largest online video site Tudou said its fourth-quarter losses narrowed on booming online advertising income.
The income rose 70 percent annually to 166.5 million yuan (US$26.5 million) and sales last year totaled 512.2 million yuan, it said in a statement yesterday. Net loss in the three months ended December 31 was 148.9 million yuan, down from 263.7 million yuan in the same quarter in 2010.
"We are focused on enhancing user experience through further integrating our video platform with China's leading social networking platforms and Tudou is set to benefit from the big trend as social media is moving to the mobile Internet end," said Gary Wang, chairman and chief executive officer of Tudou.
The income rose 70 percent annually to 166.5 million yuan (US$26.5 million) and sales last year totaled 512.2 million yuan, it said in a statement yesterday. Net loss in the three months ended December 31 was 148.9 million yuan, down from 263.7 million yuan in the same quarter in 2010.
"We are focused on enhancing user experience through further integrating our video platform with China's leading social networking platforms and Tudou is set to benefit from the big trend as social media is moving to the mobile Internet end," said Gary Wang, chairman and chief executive officer of Tudou.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
