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Source: api.bing.com
IPO Gives Chinese Video Site Youku A $3.3 Billion Market Cap; Worth More Than AOL - TechCrunch
Shares of Chinese video site Youku soared on its IPO today, closing at $33.44, which is 160 percent above its offering price of $12.80. Since Youku’s 15.8 million shares of American Depository Receipts (ADRs) represent 16 percent of the total shares, the
Source: techcrunch.com
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