Wedding videos don’t always turn out the way their makers intended (all that shaky camerawork). Youku and Tudou, China’s two biggest online video websites, may have higher hopes for their own marriage. Their merger agreement yesterday will see the two companies combine in a $4.5bn, all-share transaction to compete better in the world’s biggest internet market. It is a defensive move: growth in China’s online video market may well have peaked.
婚禮錄像並不總能達到新人們的預期，想想那些晃動的畫面吧。但中國兩家最大的在線影片網站——優酷(Youku)和土豆(Tudou)——對它們的聯姻寄予了厚望。這兩家公司於3月11日以100%換股的方式達成合並協議，合併後的公司市值45億美元，此舉旨在加強它們在世界上最大網路市場上的競爭地位。這也是一種防禦性的舉措：中國在線影片市場的成長或許已經過了巔峯期。
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