Just heard that the Chinese Video Sharing Website, Tudou.com, is filing for $120 million in IPO.
PC World Reports that – Tudou, one of China’s leading video sharing sites, is seeking to raise US$120 million through an initial public offering on the Nasdaq Stock Market to help sustain operations as it strives to become profitable.
Launched in 2005, Tudou has grown to become China’s second largest video sharing site in a market dominated by domestic companies. Tudou held a 16 percent share, while Chinese rival Youku.com controlled 20 percent during the second quarter of 2010, according to Beijing-based research firm Analysys International. Popular American sites such as YouTube or Hulu are blocked in China or do not stream their videos outside the U.S.
After reading this article it just made me realize how powerful the VideoSharingEmpire.com software is. The ability to have your own YouTube-type-of-clone, set-up, auto-populated, and ready for growth and monetization in under an hour is a phenomenon to me.
Two companies, Everyday Wealth & HC Consulting Group, came together to make Video Sharing Empire, or VSE, the most powerful, intuitive, and user friendly video sharing software on the net.
Many entrepreneurs and business owners have started to see immediate benefits from their video sharing website from Search Engine Optimization alone. Coupled with the facts that you can sell adspace, generate a highly targeted user base list, and literally become a niche-specific video hub overnight – makes starting your own video sharing website a no-brainer.
I challenge all of you busy entrepreneurs out there to…
1. visit http://www.videosharingempire.com and purchase your own video sharing website. (It’s a one time fee of $497 and then $37 a month to host all of your content and get access to our on-going training and support)
2. Choose your industry/niche and domain name and we will have your site up just about instantly. (We have some great training to help you choose your industry/niche and domain name if you don’t already have an idea right now.)
3. Auto-populate your website with correct key word driven videos directly related to your niche market.
4. Sell adspace.
5. Grow your site or sell it.
6. Be happy.
The other week I did the above 6 step challenge with a site called http://www.bimmertube.net. BimmerTube.net is a video sharing site dedicated to BMW, or Bimmer, car videos. It also showcases other foreign car videos. The whole process of setting it up, auto-populating it, and monetizing it – was done under an hour. Pretty cool.
Anyway, went off on a bit of a tangent, but I am anxious to find out how Tudou ends up doing.
Share your comments with me or let me know about your video sharing website below.
Make moves today!
Marc Horne
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