a couple of laughzillas on a blue diamond background

A Chinese Alibaba employee walks through
Alibaba is gearing up for one of the largest technology IPOs in history with more significant strategy and investment moves. The latest, this week, saw the company lead a $1.2 billion investment in Chinese online video service Youku Tudou and link up with browser-make UC Web to launch a mobile search joint venture. Youku Tudou, which is comparable to a Chinese version of YouTube, is taking on investment from Alibaba and Yunfeng Capital, which will hold 16.5 percent and 2 percent shares respectively. The deal values Youku Tudou — which is listed on the NYSE and was created following a billion dollar merger in…

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