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Youku.com prices IPO at $12.80, above the range

December 8, 2010

Youku.com, which operates China's leading internet television/online video portal, raised $203 million by offering 15,847,700 ADSs at $12.80, above the range of $9.00 to $11.00. Youku.com plans to list on the NYSE under the symbol YOKU. Goldman Sachs (Asia) L.L.C. acted as lead managers on the deal.