Alibaba, the New York-listed Chinese e-commerce giant, is getting into video in a major way, after it announced plans to buy out Youku Tudou, one of China’s top YouTube-like services, upping a previous investment in the firm. New York Stock Exchange-listed Youkou Tudou’s market cap is $3.8 billion, and Alibaba intends to pay US$26.60 per share — a decent markup on the… Read More...