Toutiao

A recommendation system product based on data mining, which recommends valuable, personalized information

Beijing China (HQ)

http://www.toutiao.com/

https://twitter.com/toutiaoapp https://www.linkedin.com/company/%C3%A4%C2%BB%C5%A0%C3%A6%E2%80%94%C2%A5%C3%A5%C2%A4%C2%B4%C3%A6%C2%9D%C2%A1 https://apps.apple.com/app/id1059306480 https://play.google.com/store/apps/details?id=pkgweb.sgtoutiao

Deals in the last 12 months undisclosed

Unicorns in portfolio: 17zuoye

Launch date

2012

Employees

1001-5000 people

Ownership

angel, venture capital

Firm valuation

Revenues, earnings & profits over time

EUR	2016	2017	2018	2019	2020E	2021E	2022E
Revenues	-	2.5b	-	-	-	-	-

Date	Investors	Amount	Round
-	ByteDance	N/A	- Not yet verified
Jan 2012	SIG China	$5m	SERIES A
Jan 2013	Yuri Milner	N/A	SERIES B
Jun 2014	Sequoia Capital Sina Weibo Source Code Capital	$100m Valuation: $500m	SERIES C
Apr 2017	China Construction Bank Sequoia Capital CCB International	$1.0b Valuation: $11.0b	SERIES D
Aug 2017*	General Atlantic	$2.0b Valuation: $20.0b	LATE VC
Total Funding		€2.8b

China, Beijing

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