E-commerce giant Alibaba Group to purchase Chinese YouTube for $3.7 billion Alibaba Group and Chinese YouTube Youku Tudou have finalized a buyout deal of $3.7 billion. Related Posts: Reminiscing with Holy Ship! Wrecked’s top-tier talent: Lane 8, Gorgon City, Big Wild, and Yotto SoundCloud exceeds $200 million in annual revenue for the first time
