Youku is a video playing platform, which was launched by He Yi Network Technology Co., Ltd. on June 2, 2006. It is one of the top five video networks in China (iQiyi, Sohu Video, Tencent Video and Mango TV). 2010 65438+February 8, Youku was listed on the New York Stock Exchange.
On April 6, 20 16, Youku was wholly-owned by Alibaba Group, and now it is one of the core businesses of Alibaba Group's digital media and entertainment business, and also an integral part of Alibaba Group's "double H" strategy.
Youku now supports three major terminals: PC, TV and mobile, and has a variety of content forms such as copyright, co-production, self-made, user-generated content (UGC), professional-generated content (PGC) and live broadcast. Youku's daily average paying users grew healthily, with a year-on-year increase of more than 50% as of March 3, 2020.