BuzzFeed to reach audiences in China through licensing deal with Bytedance

BuzzFeed to reach audiences in China through licensing deal with Bytedance

BuzzFeed has signed a licensing deal with China’s Bytedance Technology Co, which will help the American publisher circumvent the country’s firewall and enter the Chinese market. The Chinese publisher owns Toutiao, a news and videos aggregator platform, and Xigua, which focuses on short video clips. It currently has about 200 million daily active users around […]

Chinese news reading app Toutiao acquires Flipagram

Chinese news reading app Toutiao acquires Flipagram

Popular video app Flipagram is getting acquired by Chinese company Toutiao for an undisclosed amount. Flipagram was once a social media darling but the startup has been quiet recently. Flipagram will remain an independent product for the time being and the team will stay in its own office in the US. Recode first reported that […]