Youku Tops 2010 China Entrepreneur Future Stars List

Jun 29, 2010, 06:03 ET from, Inc.

BEIJING, June 29 /PRNewswire-Asia/ --, the leading Chinese video site, has recently garnered another prestigious honor when it was named by China Entrepreneur Magazine as the top winner of the 2010 Future Stars.

This is also the 10th year that the Future Stars ranking list was produced. The list has been a benchmark for new and emerging Chinese enterprises and has been highly regarded for its objectivity and precise predictions.

Past winners included Tencent, Baidu, Alipay, Ufida Software, Huayi Brothers and more, some have already grown into domestic giant companies and enjoyed international respect.

The annual list is selected by a group of industry experts and investors. is also the only video site on the list.

Coincidentally, just celebrated the 4th anniversary since its beta launch on June 21, 2006. The 10th China Entrepreneurs Future Stars Conference was held on June 25.

Victor Koo,'s founder and CEO, delivered a keynote speech in which he shared his insight and experiences of how to grow and maintain an enterprise's competitiveness with more than 500 attendants.

For the past three years, has enjoyed triple digit annual revenue growth and each month has recorded more than 200 million unique visitors to the site. has been the No. 1 Chinese online video site and maintained a commanding 50% online video market share.

"Winning the top Future Stars award is yet another recognition of's leadership position in China's online video market", said Mr. Koo. "This award also affirmed our brand value, technology innovation as well as our business vision. We are very happy with the rapid and accelerating growth we have achieved since our beta launch in June 2006 in the areas of brand building, customer following and sales and marketing. We are committed to cement our leadership position in video sharing in China and to provide the best service to our online and advertising communities. This award will serve as a catalyst and we are motivated to achieve better and grander beyond 10 years, 30 years and even a hundred years."

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