Michael O'Neill
Jun 1, 2011

Tencent breaks into China's lucrative online video market

CHINA - Chinese online giant Tencent has formally launched its video portal, signalling the company's move into the high-potential online video space in China.

The launch of Tencent Video, which debuted with a beta web version in April, puts Tencent head to head with more established video players such as Youku and Tudou.

Speaking at the Tencent MIND conference in Shanghai, Alex Liu, GM of Tencent's online video department, said the launch was part of a broader cross-platform strategy. We have a huge community at Tencent what we have lacked is a video product of any quality, he said....

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