Youku Which News Today

Cents. that rise comes as opec quietly increases production. the international energy agency says saudi arabia boosted its output to 8.6 million barrels a day last month and it spebtsexp further increase over january as well. live from cnn london and hong kong, this is "world business today." as we mentioned, the chinese president hu jintaos visit to the u.s. is shining a light on the two countries intricate business relationship. theres been a rise of chinese company listing on u.s. stock mar...

Year but the company still reported a $25 million loss on increased sales and marketing costs. chinese media are reporting that intellectual property rights will be a hot issue during mr. hus u.s. visit. whats that mean for internet companies like youku? the founder and ceo victor ku joins us now from cnn beijing. victor, welcome to the show. just before we get on to ipr stories, what is it like now for a chinese businessman with a company listed in new york doing business there? are you worri...

Conversation between the two presidents. the government in china announced in november that it was cracking down on intellectual property right infringements trying to stamp out piracy. many companies, including yourself, took content offline which was considered illegal. how successful do you think this crackdown by the chinese government has been on these property -- intellectual property right infringements? >> i think the combination of increasing vigilance and improved technology and proces...

Internet will eventually slow down and incremental costs in terms of technology will eventually slow down as our revenue keeps going up at a very, very rapid pace. >> we will no doubt continue to monitor it and all the very best. victor koo, youku founder and ceo, thanks for joining us. it is wednesday which means it is time for "the boss." find out how our ceos are faring as one takes part in a brand-building photo shot while the other tries a new marketing approach. thats next. skin. [ femal...

Hits a day and the latest on its -- whether its profitable or not was a comment last year saying that youtube hopes to be profitable in 2010. im just curious, your numbers you are not yet in profit. what do you see youku getting into the black? >> well first of all, the model of youku is very different from youtube. where media syndication is actually the core part of the business driving two-thirds or 70% of traffic. in terms of getting to profitability, what youre seeing now is our revenue gro...