Tudou, which is China 's No.2 online video website, will seek to raise between $100m and $150m through its initial public offering in the first three months of next year, Reuters said.
Tudou, a China-based online video service backed by media company International Data Group, has hired Credit Suisse and Deutsche Bank for its proposed flotation on the Nasdaq stock exchange, according to newswire Reuters.
Tudou, which is China ‘s No.2 online video website, will seek to raise between $100m and $150m through its initial public offering in the first three months of next year, Reuters said.
In August, Tudou, which Reuters said means potato in Mandarin and is run by…
