Will Youku Become China’s Netflix?

Not long ago, the only way to watch movies like Inception in China was to buy a pirated DVD. wants to change that by offering Western blockbusters through VOD and Netflix-like subscriptions. Does the site have what it takes to become China’s Netflix?

Chinese Video Site Tudou Will Be Going Public “Soon”, the second-largest online video site in China, is making plans for an IPO on the Western markets, according to a report by Bloomberg. The offering, which Tudou CEO Gary Wang told Bloomberg was “inevitable,” comes as competition heats up in the Chinese online video market.