Screenshots of Toutiao

Toutiao, a personalized news app, announced that it has secured $100 million of Series C financing led by Sequoia Capital and followed by Weibo Corporation at a valuation of $500 million.

[Update] (Shortly after announcement of the funding news, Toutiao is questioned by traditional media for copyright infringement issues. As a content distributor, Toutiao does not generate contents itself, but aggregate news from other media.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.