Beijing - Chinese video-sharing site Youku announced on Thursday that it has been granted an online video license from the State Administration of Radio, Film & Television (SAFRT).

Los Angeles - Tudou, China's largest video-sharing site, has landed a $57 million fourth round of venture capital financing, from return backers IDG Technology Venture Investment, Granite Global Ventures and General Catalyst Partners, Pacific Epoch reports.

Shanghai - Chinese online video-sharing site Tudou.com announced on Monday that it has raised $19 million in its third round of venture capital financing, co-led by Capital Today and General Catalyst Partners.