On March 12 2012, Youku and Tudou two of the biggest online video companies in China announced plans to merge,[25][26] creating one of China's biggest video sites.[27] Prior to the announcement of the merger, Youku was the #11 website in China, and Tudou was #14.[28] The company's name was changed to Youku Tudou Inc.[29] The chairman of the board is Victor Koo, the founder of Youku.[30] The company had a stock listed on the NYSE, YOKU before being acquired by Alibaba Group on 6 November 2015.