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Is Toutiao’s $75b valuation justified or just a hype?
The short-video and musical app announced 300 million MAUs in China just a month ago
China’s paid digital content market is expected to grow from RMB 4.9 billion in 2017 to RMB 23.5 billion RMB in 2020.
For many businesses in China, the opportunity to present themselves in front of millions of football fans will be a promising chance to promote their products and achieve some significant growths.
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