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January 2, 2018 11:10 am GMT
One of the fastest rising Chinese startups of last year had a bumpy ride into 2018 after falling foul of China’s internet censors for the first. ByteDance, the new media firm behind news app Toutiao and the owner of Musical.ly courtesy of a $1 billion deal, had a standout 2018. Its valuation jumped to more than $20 billion, it picked a number of international services —… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XKSBEQkbN3k/
Fast-growing Chinese media startup ByteDance enters 2018 with some uncertainty
One of the fastest rising Chinese startups of last year had a bumpy ride into 2018 after falling foul of China’s internet censors for the first. ByteDance, the new media firm behind news app Toutiao and the owner of Musical.ly courtesy of a $1 billion deal, had a standout 2018. Its valuation jumped to more than $20 billion, it picked a number of international services —… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/XKSBEQkbN3k/
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