Gary Wang
| Gary Wang | |
|---|---|
| Native name | 王微 |
| Born |
May 8, 1973 Fuzhou, Fujian, China |
| Residence | Beijing, China |
| Occupation | Founder and ex-CEO, Tudou.com; Founder of Light Chaser Animation Studios |
Gary Wang or Wang Wei (Chinese: 王微; pinyin: Wáng Wēi; born May 8, 1973) is a Chinese entrepreneur. He is the founder of the Chinese video sharing company Tudou.com and served as its CEO until August 2012. He is currently the founder of Light Chaser Animation Studios, an animation studio based in Beijing. Wang is also a novelist, screenwriter, and playwright. He holds a Computer Science degree from the Johns Hopkins University, and an MBA from INSEAD. He received his bachelor's degree in international business from the College of Staten Island, CUNY, in 1995.
Wang's first full-time job out of college was as a salesman of apparel snap fasteners, although he "wore an ill-fitting $90 suit and didn't know how to pronounce Christian Dior." He later moved on to a position at Hughes Electronics, where he worked from 1997 to 2001 through roles in engineering and last held the role of business development manager. After obtaining his MBA at INSEAD in 2002, Wang served as the corporate development director of Bertelsmann Group, an international media company, and also served as the managing director of Bertelsmann Online China, a company operating the e-commerce businesses of Bertelsmann Group in China, from 2003 to 2005.
Wang founded Tudou in January 2005 (a few months before YouTube), citing the tightly regulated nature of television content in China and his hope to "bridge the huge gap between those people who have creative ideas and talent, but cannot get their work to the audience" as his primary reasons.
Wang formally launched Tudou online on April 15, 2005, and the website soon took off. Tudou started as a website hosting user-generated content (UGC), but soon expanded to include UGC, premium licensed content and content developed in-house, commonly described as a combination of the YouTube, Hulu, and HBO business models. The number of monthly unique visitors to Tudou increased from approximately 50 million in December 2007 to approximately 182 million in December 2010, and to approximately 200 million in May 2011. The number of registered users increased from approximately 35.6 million in December 31, 2008 to approximately 78.2 million as of December 31, 2010 and further to approximately 90.1 million as of June 30, 2011.
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