Alibaba said to weigh options for video platforms Youku, Tudou

The review on video platform assets comes as Alibaba plans a six-way restructuring to try to juice growth and create a family of standalone leaders in businesses from e-commerce and media to cloud and logistics. — AFP

Alibaba Group Holding Ltd is exploring options for its video entertainment assets, according to people familiar with the matter, as the Chinese tech giant wades deeper into its plan to revamp its structure.

The company is conducting a strategic review of video streaming platforms Youku and Tudou, said the people, who asked not to be identified as the information is private. One of the options under consideration is to inject the assets into Alibaba Pictures Group Ltd and bolster the business scope of the Hong Kong-listed company, the people said.