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Toutiao’s less-than-2-year-old short video app Douyin, valued at around $10bn, is said to raise funds independently

Valued at USD35 billion excluding Douyin’s valuation, Toutiao is also raising a round and is seeking funds from KKR and Jack Ma-backed Yunfeng Capital.

2 mins read
  • In Q1 2018, Douyin’s international version, Tik Tok, was the most downloaded iPhone app worldwide, totaling 45.8 million and surpassing Facebook, YouTube, and Instagram

    Insights

    8 Lessons from the Rise of Douyin (Tik Tok)

    8 mins read

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