The Internet video channel of the Chinese Internet portal Sohu.com and the Taiwan-based PC maker Asus have jointly announced that the two parties have formed a strategic partnership for a video service.

Alipay.com, the third-party Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has launched a new Internet trading platform for second-hand products.

Chinese Internet video website Tudou.com has announced that it has created a joint venture with another Internet video website, Letv.com, in Shanghai.

Chinese online video website Tudou.com has updated its filings with the U.S. Securities and Exchange Commission for a planned initial public offering this week.

Earlier this month, Chinese online video website Ku6.com announced it was downsizing staff by up to 20%. But now local media reports state those layoffs are not legal.

Chinese Internet video website Ku6.com has announced that to simplify operations, control costs, and improve efficiency, the company has decided to restructure its sales department.

Chinese online video website Youku.com Inc. today announced its unaudited financial results for the first quarter ended March 31, 2011, and provided investors with an 8% net loss.

Youku.com and Tudou.com, along with about a dozen competitors, are known as the Chinese versions of YouTube. But beyond the common ability for users to upload videos to Youku.com, Tudou.com, and YouTube, the Chinese and Western business models face different futures.

The Spanish social media travel portal Minube has entered the China marketplace with the launch of its Chinese website Minube.cn.

Chinese telecom operator China Telecom has set up a video center in Shanghai to develop its online and mobile video businesses.

Travel review website TripAdvisor.com announced it is buying Kuxun.cn, a Chinese flight and hotel search engine, as it taps into a burgeoning tourism market buoyed by China's resilient economy.

China International Television Corporation, an affiliate of CCTV, is using the Chinese courts to fight six online video service providers, including ku6.com, 6.cn and aeeboo.com.

TripAdvisor, the U.S.-based travel community website, has reached strategic cooperation agreements with eLong.com, etpass.com and Byecity.com on advertising and user-generated review issues.

Chinese social networking service developer Oak Pacific Interactive, the owner of Xiaonei.com and Kaixin.com, is reportedly preparing for the launch of its third SNS website, Hi.mop.com.

The world's top tourism review website TripAdvisor has officially launched its Chinese website, Daodao.com, offering Chinese travelers with local information, reviews and recommended hotels.