About Toutiao
Toutiao is a company based in Beijing (China) founded in 2012 by Zhang Yiming. Toutiao has raised $3.1 billion across 4 funding rounds from investors including KKR, Sina and China Construction Bank. Toutiao has completed 4 acquisitions, including BaBe, Faceu and Flipagram. Toutiao operates in a competitive market with competitors including News Break, DailyHunt, VerSe, SmartNews and Yahoo Japan, among others.
- Headquarter Beijing, China
- Founders Zhang Yiming
- Stage Decacorn
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Toutiao
Toutiao has successfully raised a total of $3.1B across 4 strategic funding rounds. 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.
Investors in Toutiao
Toutiao has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include KKR, Sina and China Construction Bank.
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Multiple sectors are invested in by this private equity firm.
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Private equity fund focused on global markets
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Sequoia Capital is engaged in venture capital investments.
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Investor details for Toutiao
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Investments & Acquisitions by Toutiao
Toutiao has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BaBe, Faceu and Flipagram.
Investment portfolio details for Toutiao
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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App-based news aggregation platform
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Filters are added to photos via an app-based editing platform.
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Photo-video stories with music are created and shared via app.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for Toutiao
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Financial Statements - Toutiao
Detailed financials for Toutiao
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Toutiao Comparisons
Peer comparison for Toutiao
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Competitors of Toutiao
Toutiao 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 News Break, DailyHunt, VerSe, SmartNews and Yahoo Japan, among others.
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Multi-category news is aggregated online by News Break.
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Multi-category news is curated and delivered in multiple languages.
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Developer of a short-video platform and technology infrastructure
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Personalized news stories are discovered via machine learning algorithms.
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Online media portal
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Detailed competitors of Toutiao
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Latest news on Toutiao
Complete news archive for Toutiao
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Frequently Asked Questions about Toutiao
Toutiao was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Toutiao is headquartered in Beijing, China.
Toutiao is a funded company, having raised a total of $3.1B across 4 funding rounds to date.
Toutiao was founded in 2012 in Beijing, China, as a technology company in the digital media sector. Operations focus on a mobile app that aggregates news and articles. Content recommendations are generated through a deep learning engine, which analyzes user reading habits, time spent on articles, and social networking data to tailor suggestions. The platform serves users primarily in China.
Toutiao's top competitors include DailyHunt, News Break and VerSe.
Toutiao has 5 investors. Key investors include KKR, Sina, China Construction Bank, General Atlantic, and Sequoia Capital.
The valuation of Toutiao is $11B as of Dec 2016.