Tudou co-founder Marc van der Chijs took the stage with key team members, like CEO Gary Wang, as the video sharing company hit Nasdaq yesterday with their IPO. An amazing achievement in a troublesome time for stock markets.
Just a week before, a range of IPO’s had been pulled and Tudou was this week the only company brave enough to face the adverse stock climate. The shares made a first dip after the opening of the trade, but the milestone had been set successfully, opening the possibilities to expand in the future.
- Tudou’s IPO Road Show [Slideshare] (businessinsider.com)
- Google Streetview gets a local competitor – Marc van der Chijs (chinaherald.net)
- Chinese Online Video Giant Tudou Opens 13 Percent Below IPO Pricing (techcrunch.com)
- Chinese Online Video IPO: Tudou (TUDO, YOKU, SOHU) (247wallst.com)