China Stock Alert: Tudou (NASDAQ: TUDO) Leads NASDAQ Top Gainers Soaring over 147%

New York, NY- March 12,2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Tudou Holdings Limited (NASDAQ: TUDO), soaring on news that it is being acquired by Youku Inc. (NYSE: YOKU. The stock is trading at $38.16, up $22.77(147.95%) as of 11:04AM EDT on over 3 Million shares, making it the top percentage gainer on NASDAQ for Monday’s session. The stock has traded as high as $42.81 this morning.



Youku Inc. (NYSE: YOKU )and Tudou Holdings Limited (NASDAQ: TUDO) reported today that they signed an agreement for Tudou to combine with Youku in a 100% stock-for-stock transaction. Under the terms of the agreement, each Class A ordinary share and Class B ordinary share of Tudou issued and outstanding immediately prior to the effective time of the merger will be cancelled in exchange for the right to receive 7.177 Class A ordinary shares of Youku, and each American depositary share of Tudou ("Tudou ADSs"), each of which represents four Tudou Class B ordinary shares, will be cancelled in exchange for the right to receive 1.595 American depositary shares of Youku ("Youku ADSs"), each of which represents 18 Youku Class A ordinary shares resulting in Youku and Tudou shareholders and ADS holders owning approximately 71.5% and 28.5% of the combined entity, respectively, immediately upon completion of the transaction. Upon completion, the combined entity will be named Youku Tudou Inc. Youku's ADSs will continue to be listed on the NYSE under the symbol "YOKU".



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Tudou Holdings Limited (Nasdaq: TUDO) is a leading Internet video company in China providing premium licensed content, user generated content , and original in-house productions. Founded in 2005, Tudou was the first UGC video sharing website launched in China. The "Tudou" brand is one of the most recognized Internet brands in China, and the annual Tudou Video Festival has become a signature event in the online video industry



Youku Inc. (NYSE: YOKU) is China's leading Internet television company. Its Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices. Youku, which stands for "what's best and what's cool" in Chinese, is the most recognized online video brand in China. Youku's American depositary shares, each representing 18 of Class A ordinary shares, are traded on NYSE under the symbol "YOKU".



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