Youku Tudou officially completed the privatization transaction today and completely belongs to Alibaba

2025-01-27 13:25:32|Myriagame |source：minecraft skins

Today, the Uniyi Group (Youku Tudou) officially announced that according to the merger plan announced on November 6, 2015, the Unified Group has officially completed the merger transaction with Alibaba Group and officially became Alibaba's wholly -owned subsidiary.

The consolidated agreement states that the price of this privatization transaction is $ 27.6 per share (US deposit certificate) per share.At the same time, the Jiyi Group applied for any transaction from its ADS on the New York Stock Exchange.

Gu Yongzheng, chairman of the Board of Directors of the Unified Group and CEO of Unity Group, said: "The formal completion of the privatization of the unity group is an important moment. China is entering the golden age of cultural entertainment. The flexible capital environment will make us greaterThe space for exhibition is to promote the company's strategy faster.The pattern, whether it is the opening of the user and the income, the collaboration between big data and marketing, the interconnection of content and e -commerce, or the complementary OTT, will increase the value and vitality of the two major ecosystems.

On November 6, 2015, Youku Tudou announced the final acquisition agreement with Alibaba.Alibaba will acquire Youku potatoes at $ 27.60 per share.In addition to the shares that Alibaba already owns, the remaining shares of the Harge Group in this round of transactions are valued at US $ 4.77 billion.Since Jiyi Group still has US $ 1.1 billion in cash, it is actually equivalent to Alibaba's acquisition of the remaining shares of Hedyi Group for $ 3.67 billion

Attachment: Zhang Yong, CEO of Alibaba Group, sent all Ali Mails on April 6th

Welcome to join the Ali family (Youku Tudou)!

Dear Ali people, I am very happy to report a good news to everyone! Unified Group (Youku Tudou) officially completed the privatization and became a member of the Alibaba Group.Let us warmly welcome more than 3,300 new students from Heri Group!

The unified group is the earliest pioneer in the field of video and well -deserved leaders.We firmly believe that life and entertainment will be perfectly combined with e -commerce and become the next wave; we firmly believe that digital content and video content will quickly explode and become increasingly important consumer content;In the future, the pursuit and tacit understanding of common goals will overcome all development challenges, seize opportunities, outpaced in unprecedented energy, and provide unprecedented services and experiences for our customers and consumers.

After integrating into the Ali family, Gu Yongzheng continued to serve as the chairman and CEO of the Unified Group, and the development of the leader of the unified group.Unified Group will open up and seamlessly open up business with Ali's big data, e -commerce, digital entertainment, and OTT.I also hope that the integration of Ali and Heri Group is not a simple addition.In the near future, I hope that the combination of the two parties will produce wonderful chemical reactions. In terms of family life entertainment, multi -screen interaction, virtual reality interaction, we are full of imagination and expectations!

Let's work together!

Zhang Yong

Alibaba Group CEO April 6, 2016

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