Chinese news aggregator Qutoutiao preps for US offering
Qutoutiao, a Chinese news aggregator app that seeks to differentiate itself from market leader Jinri Toutiao by focusing on entertainment-oriented content, has announced plans to list in the US.
The company was established as recently as 2016 but it has already achieved unicorn status, with Tencent Holdings leading a $200 million Series B round in March at a valuation of $1.6 billion. Shunwei...
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