Sources: China's ByteDance is in talks to sell TopBuzz, the English language version of its Chinese AI-powered news aggregator Toutiao
The Information :
A look at TopBuzz, the English version of ByteDance's Chinese AI-powered news aggregator Toutiao, that rose from 1.8M MAUs in Nov. 2017 to 23M MAUs by Oct. 2018
The MIT Technology Review called it “the insanely popular Chinese news app that you've never heard of.” Tweets: @michellemanafy See also Mediagazer Tweets: Michelle Manafy / @michellemanafy : TikTok p...
ByteDance, the Chinese company behind TikTok and newsfeed app Toutiao, has doubled its headcount to ~40,000 in one year and now operates more than 20 apps
isn't this Internet cultural phenomenon cute? Andrew Batson / @andrewbatson : According to this piece, fully 1/4 of ByteDance's headcount (10,000 of 40,000 employees) is occupied in “monitoring” (aka ...
Sources: Bytedance is planning to launch a Slack-like work collaboration app; Bytedance had a $1.2B loss last year after mixed results of its TikTok expansion
In 2017 ByteDance, owner of such popular apps as newsfeed service Toutiao, made a slim profit.
China orders Bytedance to shut down app for sharing jokes, silly videos citing vulgar content, a day after its flagship app Toutiao was pulled from app stores
Again Josh Chin / Wall Street Journal : New Target for China's Censors: Content Driven by Artificial Intelligence South China Morning Post : China's king of titillating content Jinri Toutiao issues ap...
Bytedance, operator of Chinese news app Toutiao, sues Baidu for unfair competition, claims Baidu deliberately places negative news about Toutiao in top results
Yimian Wu / China Money Network :
Chinese news app Toutiao suspends 1.1K+ blog accounts, updates app to cover more state media, as source says its parent is in talks to raise at $30B+ valuation
Raymond Zhong / New York Times :
Toutiao, a Chinese news aggregator that uses deep learning to tailor feeds to individual users, says it has 120M DAUs and made $900M revenue in 2016
Li Yuan / Wall Street Journal :
Sources: Chinese personalized news recommendation app Toutiao raises $1B Series D led by Sequoia and CCB International at over a $12B valuation
Pan Yue / China Money Network :
Sources: Chinese personalized news recommendation app Toutiao raises $1B Series D led by Sequoia and CCB International at over a $12B valuation
Sequoia Capital and CCB International, an investment unit of China Construction Bank Co., have led a series D investment of around US$1 billion …