News Digest: April 29, 2014

The following press releases and media reports about Chinese companies were carried on April 29. To view a full article or story, click on the link next to the headline.
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• Youku Tudou (NYSE: YOKU) Announces $1.22 Bln Investment Led by Alibaba (PRNewswire)
• Tuniu Cuts Fund Raising Target For New York IPO By 20 Pct (Chinese article)
• LightInTheBox (NYSE: LITB) Announces New CFO, Senior Management Shuffle (PRNewswire)
• Ctrip (Nasdaq: CTRP) Invests $200 Mln In Tongcheng Unit LY.com (PRNewswire)
• Cheetah Mobile To Sell Up To $50 Mln IPO Shares To Baidu, Kingsoft, Xiaomi (Chinese article)
• Latest calendar for Q1 earnings reports (Earnings calendar)