In August 2015, Youku Tudou announced a 10 billion yuan (about $1.6 billion) plan to produce high-quality, user-generated videos. Under this three-year plan, the Chinese company sought to nurture ...

More from Variety Chinese TV Formats Eye Global Expansion, Industry Leaders Reveal at Mip London China Box Office: 'Ne Zha 2' Surpasses $1.6 Billion, Sets New Imax Records ... “iQiyi and Youku are the ...

In August 2015, Youku Tudou announced a 10 billion yuan (about $1.6 billion) plan to produce high-quality, user-generated videos. Under this three-year plan, the Chinese company sought to nurture ...

Two Daughters Entertainment has secured a significant distribution deal for its animated hit “Moley,” bringing the beloved mole to Chinese audiences through streaming giants iQiyi and Youku.