One of the fastest growing start-ups in the world is five year-old Chinese news aggregator Toutiao which has grown its valuation 40x in three years, In a 2014 funding round it was valued at $500 million, last year it raised $1 billion at a valuation of $11 billion and now it is reported by Reuters ...
This story continues at China news start-up valued at $20bn
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from Electronics Weekly https://www.electronicsweekly.com/news/business/china-news-start-valued-20bn-2017-08/
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