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Qutoutiao Inc. Reports Third Quarter 2019 Unaudited Financial Results

December 3, 2019 6:01 AM EST

SHANGHAI, China, Dec. 03, 2019 (GLOBE NEWSWIRE) -- Qutoutiao Inc. (Qutoutiao, the Company or We) (NASDAQ: QTT), a leading operator of mobile content platforms in China, today announced its unaudited financial results in the third quarter ended September 30, 2019. 

Third Quarter 2019 Highlights

Combined average MAUs1 reached 133.9 million, representing an increase of 105.3% from 65.2 million in the third quarter of 2018, compared to 119.3 million in the previous quarter.Combined average DAUs2 reached 42.1 million, representing an increase of 97.7% from 21.3 million in the... More