TOP 10

62

Valued at around US $ 20bn , Toutiao ( or Jinri Toutiao ) is a Beijingbased news and information content platform . Data analytics firm iResearch claims that Toutiao is installed on over 240mn

monthly unique devices , makes it a leading news aggregator in China . By analysing content as well as users ’ interaction with content , Toutiao generates a unique feed list of content for each user . In November , the six-year-old company appointed Chen Lin as the new Chief Executive Officer of the firm . As of September 2017 , Toutiao had 120mn daily active users and Pitchbook reports that the firm is valued at US $ 20bn . www . toutiao . com

JANUARY 2019