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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(03 Jun 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series E - Toutiao | Valuation | KKR |
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| Aug, 2017 | Amount | Series E - Toutiao | Valuation | General Atlantic |
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| Dec, 2016 | Amount | Series D - Toutiao | Valuation | Sequoia Capital , China Construction Bank |
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| 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 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. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 Toutiao
Toutiao has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BaBe, Faceu and Flipagram. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based news aggregation platform
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2016 | ||||
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Filters are added to photos via an app-based editing platform.
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2015 | ||||
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Photo-video stories with music are created and shared via app.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Toutiao
| 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 |
Toutiao Comparisons
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. 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 |
Multi-category news is aggregated online by News Break.
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| domain | founded_year | HQ Location |
Multi-category news is curated and delivered in multiple languages.
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| domain | founded_year | HQ Location |
Developer of a short-video platform and technology infrastructure
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| domain | founded_year | HQ Location |
Personalized news stories are discovered via machine learning algorithms.
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| domain | founded_year | HQ Location |
Online media portal
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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 Toutiao
Frequently Asked Questions about Toutiao
When was Toutiao founded?
Toutiao was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Toutiao located?
Toutiao is headquartered in Beijing, China.
Is Toutiao a funded company?
Toutiao is a funded company, having raised a total of $3.1B across 4 funding rounds to date. The company's 1st funding round was a Series D of $1B, raised on Jun 03, 2014.
What does Toutiao do?
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.
Who are the top competitors of Toutiao?
Toutiao's top competitors include DailyHunt, News Break and VerSe.
How many acquisitions has Toutiao made?
Who are Toutiao's investors?
Toutiao has 5 investors. Key investors include KKR, Sina, China Construction Bank, General Atlantic, and Sequoia Capital.
What is Toutiao's valuation?
The valuation of Toutiao is $11B as of Dec 2016.
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