China’s Youku Tudou now serves 500 million users per month, half of YouTube’s reach

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Youku Tudou, often viewed as a Chinese version of YouTube, just announced that it is now reaching over 500 million monthly unique visitors. For comparison, YouTube says more than 1 billion unique visitors visit its site each month — but keep in mind that Youku Tudou caters largely to a much smaller net of Chinese-speaking audiences only. Youku Tudou’s latest milestone comes despite the immense competition from its rivals including Baidu-owned online video platform iQiyi. It also comes as mobile is gaining more importance for the company — in its first quarter earnings, Youku Tudou revealed that its mobile daily video views…

This story continues at The Next Web

The post China’s Youku Tudou now serves 500 million users per month, half of YouTube’s reach appeared first on The Next Web.

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Source: The Next Web http://ift.tt/1oPVNNQ

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