Chinese Video-Sharing Site Youku Lands $25 Million

Authored by Mark Hefflinger on November 27, 2007 - 10:25am.

Boston - Youku.com, an online video-sharing website in China, has raised $25 million in a new round of financing led by Brookside Capital Partners, an investment fund affiliated with Bain Capital.

Officially launched in December 2006, Youku allows people to watch and share short-form videos.

The company currently delivers more than 80 million video views on a daily basis.

It also has provided interactive marketing services to advertising clients such as Dell, Samsung, Shanda, Ford Motors, Rising software, Hewlett Packard and Giant Interactive.

 

Related Links:
http://www.baincapital.com

http://www.youku.com

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