Youku, the leading online video platform in China, is one of the core businesses of Alibaba Group’s digital media and entertainment business and is part of the group’s “Double H” strategy. Youku currently supports PC, TV and mobile three types of terminals, in copyright, co-production, homemade, user-generated content (UGC), professionally generated content (PGC) and live streaming. The scale of daily paying users of Youku is growing steadily and healthily, with a year-on-year growth of more than 60% in Q1 of fiscal year 2021 (as of the end of June).
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