---
title: Yahoo's Answer to Google's YouTube?
description: If imitation is the sincerest form of flattery, consider YouTube flattered. In a joint move, Alibab...
image: https://www.websitemagazine.com/hubfs/Imported_Blog_Media/alibaba-mini-Jan-22-2023-11-55-16-7764-PM-1-1-1.gif
---

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# Yahoo's Answer to Google's YouTube?

![Derek Schou](https://www.websitemagazine.com/hubfs/Author%20Photos/Derek%20Schou.jpg)

[by Derek Schou](https://www.websitemagazine.com/content/author/derek-schou) 30 Apr, 2014

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**If imitation is the sincerest form of flattery, consider YouTube flattered.**

In a joint move, Alibaba, a Chinese ecommerce company, and Yunfeng Capital, a Chinese private equity firm, purchased a $1.22 billion stake in Youku Tudou, a Chinese online video provider similar to Google-owned YouTube.

 This move comes at an important time for Alibaba, as it is preparing to file for an Initial Public Offering (IPO) on the New York Stock Exchange. Alibaba, which is said to be worth around $150 billion, could raise as much as $15 billion on its U.S. IPO.

 If that prediction holds true, Yahoo, which owns a 24 percent stake in Alibaba (possibly its answer to Google's Yahoo), would see their assets in the company sky-rocket up to $42 billion. According to theirnetworth.com, Yahoo's total Net Worth is around $35 billion. This means that Yahoo's stake in Alibaba would be worth more than their own company.

![Derek Schou](https://www.websitemagazine.com/hubfs/Author%20Photos/Derek%20Schou.jpg)

[Derek Schou](https://www.websitemagazine.com/content/author/derek-schou)

Derek Schou is a seasoned marketing and business professional with extensive experience in various industries, including electronics, automotive, environmental cleaning, industrial networking, and digital publishing. He is skilled in SQL, CRM administration using both Salesforce and Microsoft Dynamics, WordPress, website design using HTML5, CSS3, JavaScript, Python, Adobe Creative Suite, Kronologic, and Microsoft Office. With his diverse skill set and industry experience, Derek is equipped to help businesses achieve their marketing and business goals.

- <https://www.linkedin.com/in/derek-schou-1403ab8b/>

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