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Tencent Leads Pre-IPO Funding of News and Video Aggregation App 'Fun Headlines'
PE Daily, 3/15/18
Jifen Culture Communication, the Shanghai-based developer of mobile news and video aggregation app "Qutoutiao" (literally "Fun Headlines"), recently completed a pre-IPO funding round of over USD 100 mln led by Chinese internet conglomerate Tencent (0700.HK) at a valuation of between USD 1.3 and 1.5 bln. Read More
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