About Qutoutiao
Qutoutiao is a company based in Shanghai (China) founded in 2016. Qutoutiao has raised $242 million across 3 funding rounds from investors including Tencent, Xiaomi and Alibaba Group. Qutoutiao operates in a competitive market with competitors including Yandex, Goop, Thrillist, BUZZNET and LittleThings, among others.
- Headquarter Shanghai, China
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$242 M (USD)
in 3 rounds
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Latest Funding Round
$171 M (USD), Post-IPO
Mar 28, 2019
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Investors
Tencent
& 9 more
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Employee Count
Employee Count
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Funding Insights of Qutoutiao
Qutoutiao has successfully raised a total of $242M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $171 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $171.0M
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First Round
First Round
(01 Jun 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Post-IPO - Qutoutiao | Valuation |
investors |
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| Mar, 2018 | Amount | Series B - Qutoutiao | Valuation | Tencent | |
| Jun, 2017 | Amount | Series A - Qutoutiao | Valuation |
investors |
Investors in Qutoutiao
Qutoutiao has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Xiaomi and Alibaba Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Founded Year | Domain | Location |
Investments & Acquisitions by Qutoutiao
Financial Statements - Qutoutiao
Qutoutiao Comparisons
Competitors of Qutoutiao
Qutoutiao operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yandex, Goop, Thrillist, BUZZNET and LittleThings, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blog focusing on music, market, video, and other related topics
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| domain | founded_year | HQ Location |
Multi-category products are retailed online by Goop.
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| domain | founded_year | HQ Location |
Digital content on food, travel, health, and lifestyle is published.
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| domain | founded_year | HQ Location |
Lifestyle news on entertainment, style, and music is delivered online.
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| domain | founded_year | HQ Location |
Digital media platform with inspirational content
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Frequently Asked Questions about Qutoutiao
Qutoutiao was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Qutoutiao is headquartered in Shanghai, China.
Qutoutiao is a funded company, having raised a total of $242M across 3 funding rounds to date. The company's 1st funding round was a Series A of $42M, raised on Jun 01, 2017.
Founded in 2016 in Shanghai, China, Qutoutiao functions as a mobile content aggregator in the digital media sector. An app is offered for Android and iOS platforms, where articles and short videos are recommended through an AI-driven engine. Personalization is achieved by analyzing user profiles, behavior patterns, and social connections to deliver tailored content feeds. Operations center on enhancing user engagement in the Chinese market.
Qutoutiao's top competitors include Yandex, Goop and LittleThings.
Qutoutiao has 10 investors. Key investors include Tencent, Xiaomi, Alibaba Group, InnoVision Capital, and Advantech Capital.