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November 10, 2017 01:11 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KRqBQzS0Oz0/
Ambitious new media firm ByteDance is no longer a secret outside of China
ByteDance is a name that is about to become very familiar to everyone in international tech circles. Really it should already be. It is valued at $20 billion and its flagship Toutiao news reader app is one of China’s fastest growing internet services with 120 million daily users. It is in the process of raising a $2 billion funding round and revenue for this year is reportedly forecast… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/KRqBQzS0Oz0/
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