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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
  • Tik Tok, the overseas version of Douyin, was the world’s most downloaded non-game app in iOS App Store in Q1 2018.

    News

    Douyin DAU tops 150 million, Toutiao’s short-video streaming app reveals user number for the first time

    3 mins read

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