China's largest e-commerce group for $ 3.7 billion to buy the babayukutudu hy.yukutudu China's biggest online video Web site. Yukutudu this year the number of users reached 50 million last month yukutudu hy.aly Baba had decided to buy because of the price fixing cases were delayed.
Yukutudu CEO and Chairman Victor says Alibaba's platform and we are confident that with the payment services will grow our business.
Alibaba IPO during the last year were 25 billion dollars, the highest in the world investment companies joined hy.aly sage and various investments and acquisitions to expand its business Sage hy.aly been with US e-commerce buy jet layft and DD kuayydy also been bought. Also the company
to connect homes Peel (Peel). These acquisitions also bought Alibaba hy.markyt spread much beyond China's market spread some slowdown boosted business of Alibaba Alibaba, whose cause has not increased as much in the stock was expected
