Youku Tudou Inc. (Youku), formerly Youku Inc., is an Internet television company in the People�s Republic of China. The Company�s Internet television platform enables consumers to search, view and share video content across multiple devices. During the year ended December 31, 2011, the Company had approximately 263 million monthly visitors from homes and offices. As of December 31, 2011, the Company�s video content library contained more than 2,700 movie titles, 2,111 television serial drama titles and over 400,000 hours of other professionally produced content, including 613 variety shows. The Company and Tudou Holdings Limited announced the completion of the merger (the Merger) between Tudou and Two Merger Sub Inc., a wholly owned subsidiary of Youku, pursuant to the agreement and plan of merger, dated March 11, 2012, by and among Youku, Tudou and Merger Sub. As a result of the Merger, Tudou became a wholly owned subsidiary of Youku.