Beijing – Youku Tudou Inc., China's Internet television company (“Youku Tudou” or the “Company”), announced on April 28 that it has entered into definitive agreements with a joint investment vehicle of Alibaba Group Holding Limited (“Alibaba”) and Yunfeng Capital, pursuant to which Alibaba and Yunfeng Capital, through the joint investment vehicle, will invest an aggregate of approximately US$1.22 billion to purchase a number of Class A ordinary shares … [Read more...] about Alibaba to invest US$1.22 billion in Youku Tudou