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.

Continue reading with a China Money Network subscription

Join Now

Already have an account or paid subscription? Log in