Youku's business model will allow it to be more profitable than YouTube, says CEO Victor Koo

Youku's business model will allow it to be more profitable than YouTube, says CEO Victor Koo

The Chinese video sharing site Youku, using a business model emphasizing media partnerships rather than focusing on user sharing like its Western counterpart YouTube, will achieve greater profitability and be better positioned to take advantage of China's competitive advantage, according to CEO Victor Koo. Koo made the remarks at SPRIE's "China 2.0" conference, where he also announced a new partnership with Disney for streaming video. (Article in Chinese).