After years of fierce competition, online video giants Youku and Tudou are joining forces to create a single service to be called Youku Tudou Inc. in a deal estimated to be worth over $1 billion.
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Quepasa.com and cross-platform social game development studio Quepasa Games, has executed a definitive agreement to merge with myYearbook, the best place to meet new people on the web or mobile device, for $100 million, comprised of approximately $82 million in Quepasa common stock and approximately $18 million in cash.
