Beijing Business News (reporter Zheng Rui) In response to the "Ali Entertainment withdrawal from Youku shareholders", on the evening of January 19, Ali Entertainment responded that it was a normal internal adjustment.
According to public information, Youku Information Technology (Beijing) Co., Ltd. has undergone industrial and commercial changes, Alibaba Culture and Entertainment Co., Ltd. has withdrawn from shareholders, and the new shareholder, Shanghai Quantudou Network Technology Co., Ltd., holds 100% of the shares. Shanghai Quantudou Network Technology Co., Ltd. is 100% owned by Alibaba Culture and Entertainment Co., Ltd., which means that Alibaba Culture and Entertainment Co., Ltd. has changed from a direct shareholding in Youku Information Technology to an indirect shareholding.
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