Gigabit January 2019
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TOP 10<br />
62<br />
08<br />
Toutiao<br />
Valued at around US$20bn, Toutiao (or Jinri Toutiao) is a Beijingbased<br />
news and information content platform. Data analytics<br />
firm iResearch claims that Toutiao is installed on over 240mn<br />
monthly unique devices, makes it a leading news aggregator<br />
in China. By analysing content as well as users’ interaction with<br />
content, Toutiao generates a unique feed list of content for each<br />
user. In November, the six-year-old company appointed Chen<br />
Lin as the new Chief Executive Officer of the firm. As of September<br />
2017, Toutiao had 120mn daily active users and Pitchbook<br />
reports that the firm is valued at US$20bn.<br />
www.toutiao.com<br />
JANUARY <strong>2019</strong>
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