Ku6.com Strategic Cooperation with Baidu

Baidu has become a strategic investor of Cool6.com, and Baidu Tieba will cooperate with Cool6.com. An insider said that this cooperation was launched today and it would not involve the capital level for the time being. There were other rumors that Cool6.com had received an investment of about 4 million USD. However, Cool6.com denied this rumor, claiming that the amount indeed exceeded tens of millions of USD. It was learned that Cool6.com started with 2 million yuan of personal investment, and after nearly a year of meticulous operation, Li Shanyou revealed earlier that Cool6.com had already obtained sources of income through models such as sharing revenue with users, which allowed the company to maintain its operations.