Tencent-Backed Personalized News App Qutoutiao’s IPO Downsized To $86M

Login to View

Chinese content aggregator Qutoutiao Inc, which is backed by the country’s technology giant Tencent Holdings Ltd, is seeking to raise US$84 million in an initial public offering (IPO) in the U.S., much less than the US$300 million the company initially planned to raise.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Want to read this important story?

Access Over 11,000 stories and data posts over the past 8 years!

Register Now


Already have an account or paid subscription? Log in


RELATED NEWS