Toutiao or Jinri Toutiao is a Chinese news and information content platform, a core product of the China-based company ByteDance.
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13 Facts About Toutiao
2.
Toutiao is one of China's largest mobile platforms of content creation, aggregation and distribution underpinned by machine learning techniques, with 120 million daily active users as of September 2017.
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3.
In 2012 and 2013, Toutiao had two earlier rounds of funding by Susquehanna International Group Asia Investment and Yuri Milner.
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4.
Toutiao uses algorithms to select different content for individual users.
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5.
In 2016, videos on Toutiao are played 1 billion times per day, making Toutiao China's largest short video platform at the time.
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6.
Toutiao identifies fake news by using a combination of human reviewers along with automated analysis of posts and comments.
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7.
In 2013, Toutiao provided a self-publishing platform to media organizations.
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8.
Toutiao has entered Japan, the US, Brazil and the Southeast Asian region.
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9.
In October 2016, Toutiao gave India's local-language app Dailyhunt 25 million dollars in its series D funding round.
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10.
Toutiao obtained a controlling stake of the Indonesian local-language news app Babe in 2016.
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11.
In January 2017, Toutiao acquired the video creation app Flipagram for an undisclosed amount.
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12.
When questioned, Toutiao states that it “does not possess, collect or process users' private data”, and “reading users' contacts with their consent is a common practice in mobile Internet business”.
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13.
Toutiao says it will soon implement a warning when users are navigating away from contents controlled by Toutiao.
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