Tencent-backed Qutoutiao, a China-based content aggregator, prices its downsized IPO at $7 per share, raising $84M and valuing the company at $2.1B (Eudora Wang/China Money Network)

Eudora Wang / China Money Network:
Tencent-backed Qutoutiao, a China-based content aggregator, prices its downsized IPO at $7 per share, raising $84M and valuing the company at $2.1B  —  Chinese content aggregator Qutoutiao Inc, which is backed by the country's technology giant Tencent Holdings Ltd, is seeking to raise US$84 million …

from Techmeme https://ift.tt/2OnBreo