Qutoutiao

General Information
Business:

 

We are the No. 2 mobile content aggregator in China in terms of MAUs and average DAUs in July 2018, according to the Analysys Report. Our flagship mobile application, Qutoutiao, meaning “fun headlines” in Chinese, aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. These feeds are optimized in real time based on each user’s profile, behavior and social relationships through our proprietary AI-powered content recommendation engine.

Industry: COMPUTER PROGRAMMING, DATA PROCESSING
Employees: 1302
Founded: 2016
Contact Information
Address 11/F, Block 3, XingChuang Technology Center, Shen Jiang Road 5005, Pudong New Area, Shanghai, 200120, People’s Republic of China
Phone Number +86-21-6858-3790
Web Address http://www.qutoutiao.net
View Prospectus: Qutoutiao
Financial Information
Market Cap $1239.5mil
Revenues $164.0 mil (last 12 months)
Net Income $-84.5 mil (last 12 months)
IPO Profile
Symbol QTT
Exchange NASDAQ
Shares (millions): 12.0
Price range $7.00 - $7.00
Est. $ Volume $84.0 mil
Manager / Joint Managers Citigroup/ Deutsche Bank Securities
CO-Managers China Merchants Securities (HK)/ UBS Investment Ban/ KeyBanc Capital Markets
Expected To Trade: 9/14/2018
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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