Shares of Ku6 Media Co Ltd soared 139.13 percent, or 1.93 U.S. dollars on Tuesday, boosted by news that it will tie up with Google Inc’s YouTube to showcase its videos on a new channel operated by the Internet giant.

Shares climbed to an intraday high of 4.04 U.S. dollars that day before closing at 3.3 dollars on the Nasdaq in heavy trading.

The Chinese online video portal said the cooperation with YouTube will help it expand overseas market. It will recruit a new team to operate this channel to help grow its user base and revenue in the international market.