Hong Kong – Youku Inc. shareholders have voted in favour of the proposal to issue Youku Class A shares as the consideration for the merger with Tudou Holdings Limited.

The combined entity will be named Youku Tudou Inc.

The parties expect to complete the merger as soon as possible. Upon completion, Tudou will become a privately held company wholly-owned by Youku, and Tudou’s American depositary shares will no longer be listed on the NASDAQ Global Market.