Tudou means potato in Mandarin Chinese, and online video website Tudou.com's market debut today showed the company was more of a couch potato as it lazily watched its overvalued aspirations sink on the first day of trading.

Amid a thunderous drop in Chinese companies' market capitalization in recent weeks, Tudou.com has filed an amendment to its filing for an initial public offering in the United States to raise money for its online video operations in China.

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 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.

Chinese online video website Youku.com Inc. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010.

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.

A representative from China Hualu Group has revealed that the video website Hualu5.com developed by its subsidiary Hualu Culture Industry Company is expected to be launched in a month.

Chinese video website Youku.com has launched an independent video search website Soku.com, which allows users to search for videos on Youku.com as well as those on other websites.

Chinese video website Youku.com has announced that it has reached an agreement with the South Korean television station SBS to buy all TV series produced by the TV station.

Another Chinese New Year is upon us, and this year we transition into the Year of the Tiger. As Chinese businesses begin to shut down until the beginning of March 2010, we've stared at the eye of the tiger and risen to the challenge of figuring out the trends for this coming year.

According to local media reports, rival Chinese video websites Youku.com and Tudou.com have formed an alliance and jointly launched a new online video joint broadcast model, sharing the copyright of each other's exclusive videos.

Over a hundred websites from China have jointly released the "China Internet Industry Copyright Self-discipline Manifesto" in Beijing.

Chinese online video website Youku.com today opened its copyright identification management platform to identify and prevent the upload of infringing video content by Youku users.

Chinese search engine firm Baidu Inc. is launching a new company to provide advertising-supported online video services in China.

China Network Television, the national network television broadcasting organization of China with ties to CCTV, has been formally launched under the domain name of CNTV.cn.