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Shanghai-based digital media company that uses artificial intelligence to distribute and aggregate entertainment content.
Founded in 2016, Qutoutiao Inc. operates a platform that uses AI to distribute entertainment content to authoritative media, corporate organizations and individual creators, mainly in mainland China. Its parent is Shanghai Jifen Culture Communication Co., Ltd., and Siliang Tan is CEO. The company raised USD 84 mn in its September 2018 IPO, which matches its total funding, and reported revenue of USD 161.24 mn and EBITDA of USD -118.48 mn in fiscal 2022. Revenue comes from advertising and content partnerships.
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