The Chinese ecommerce giant is seeking to take full control of New York-listed Youku Tudou, the Chinese video hosting site in which it acquired a stake in 2014.
Alibaba is proposing to buy all of the shares it doesn't already own in Youku Tudou for $26.60 a share in cash. Shares in Youku Tudou closed on Thursday at $20.43.
Alibaba said it had made the proposal with the support of the founding shareholders of Youku, including Victor Koo, Chengwei Capital and their affiliates.
Alibaba currently has an 18.3 per cent stake in the video hosting site.
Daniel Zhang, chief executive officer of Alibaba said: We believe that the proposed transaction, with tighter integration of our resources, will help Youku achieve exciting growth in the years ahead by leveraging Alibaba's assets in living-room entertainment, e-commerce, advertising and data analytics. Digital products, especially video, are just as important as physical goods in e-commerce, and Youku's high-quality video content will be a core component of Alibaba's digital product offering in the future.
Alibaba is proposing that Youku's founder, Victor Koo, would continue to lead the business as chairman and chief executive officer. Alibaba's executive chairman Jack Ma said: "A closer partnership with Youku will give us the opportunity to support Victor and his leadership team to fulfill the dream of building the leading digital entertainment platform in China.
中國最大電商巨子阿裏巴巴(Alibaba)正追求周全控股在紐約上市的中國視頻網站優酷馬鈴薯(Youku Tudou)。阿裏巴巴曾在2014年入股優酷馬鈴薯。
阿裏巴巴提出，將以每股26.60美元現金購入優酷馬鈴薯別的股分。優酷馬鈴薯股價周四收於每股20.43美元。
阿裏巴巴表現，該籌劃已獲得包含古永鏘(Victor Koo)、成為基金(Chengwei Capital)及其聯系關系方在內的優酷開創股東的支撐。
阿裏巴巴今朝持有優酷馬鈴薯18.3%的股分。
阿裏巴巴首席履行官張勇(Daniel Zhang)表現：“咱們信任這次互助會讓兩邊聯合加倍慎密。以視頻為代表的數字產物是電商除什物商品外主要構成部門，優酷馬鈴薯優良的視頻內容將會成為將來阿裏電商數字產物的焦點構成部門。” 同時在阿裏巴巴的發起下，優酷開創人古永鏘將持續擔負優酷馬鈴薯團體董事會主席和首席履行官，引導營業成長。
同時在阿裏巴巴的發起下，優酷開創人古永鏘將持續擔負優酷馬鈴薯團體董事會主席和首席履行官，引導營業成長。阿裏巴巴董事局主席馬雲(Jack Ma)表現：“經由過程這次互助，咱們將加倍深度支撐古永鏘和他引導的團隊，實現打造中國領先數字文娛平台的妄想。”
市場價：HK$ 92
