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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | 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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Qutoutiao
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Qutoutiao
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Qutoutiao
Frequently Asked Questions about Qutoutiao
When was Qutoutiao founded?
Qutoutiao was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Qutoutiao located?
Qutoutiao is headquartered in Shanghai, China.
Is Qutoutiao a funded company?
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.
What does Qutoutiao do?
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.
Who are the top competitors of Qutoutiao?
Qutoutiao's top competitors include Yandex, Goop and LittleThings.
Who are Qutoutiao's investors?
Qutoutiao has 10 investors. Key investors include Tencent, Xiaomi, Alibaba Group, InnoVision Capital, and Advantech Capital.
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