YouTube was in secret delegation to enter China; Prospect not optimistic

Jidong.com relevant source disclosed that, about two weeks ago, more than 10 YouTube United States staff visited jidong.com to discuss matters relating to entering China. In the preliminary negotiation both sides reached the current strategy, YouTube opened special channel at jidong.com to output huge amount of video resources to user.

Last week, Hulu CEO had a “secret meeting” with a number of domestic video sites leaders including jidong.com. Chairman Lv Wensheng from jidong.com said he was optimistic about this interacting sharing model of YouTube.

On May 12 jidong.com announced officially it was issued by the State Council Information Office of the “Internet News Information Service License”, and became the first private video site holding news license. Industry analyst said YouTube selected jidong.com to indirectly enter China was because jidong.com was the first private video site with news license, which can avoid some policy risk. But till now, none of these sites was making profit; even the ku6 was in loss, which was backdoor listed at stock market though hurray, therefore, these foreign video sites prospects are not optimistic.

0 comments

Add your comment

Commenting is allowed only for registered users.

Other articlesgo to homepage

Trends in the Chinese Online Education Industry

Trends in the Chinese Online Education IndustryComments Off

The Increase of China on the net Training Market place Income of online training sector in China achieved 84 billion Yuan in 2013, with a 19.9%-growth from 2012, based on the 2013-2014 China On-line Education Report unveiled by iResearch. The huge Potential of China on the internet Education Market place The 3 key engines are

3 great strategies on the Social Medias in China

3 great strategies on the Social Medias in ChinaComments Off

Today there is more than 600 million internet users in China, and they all use the social Medias, every time. It’s essential to be present in the social media when doing business in China. Here are three great strategies on the social Medias in China. 1.      Using O2O O2O is a digital marketing strategy that

China’s new phoenomen: get Smartphones at all costs

China’s new phoenomen: get Smartphones at all costsComments Off

4 facts that show that Chinese will do everything to get a smartphone Sell your Kid In Tong’an, a young couple was condemned to 3 years of jail after selling their baby on internet. Being in a bad financial situation, with the money of the exchange they wanted to buy a motorcycle and an IPhone.

Tencent Buys Google Social Networking

Tencent Buys Google Social Networking(0)

China’s largest Internet company Tencent Holdings Ltd has bought a Google-backed Chinese social networking company for more than $60 million, the China Business News reported on Tuesday.

Video Tudou 50 Million

Video Tudou 50 Million(0)

Chinese online-video website Tudou.com said it raised $50 million in its latest round of financing, the bulk of which is an investment from Singapore’s state-owned investment firm, Temasek Holdings Pte. Ltd., reported Wednesday’s Dow Jones.

read more

Contacts and information

Social networks

Most popular categories

Real Time Analytics