Qutoutiao (QTT) Reports Q4 Loss of $0.27
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Qutoutiao Inc. Reports Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results
March 18, 2020 5:31 AM EDTSHANGHAI, China, March 18, 2020 (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 fourth quarter and fiscal year ended December 31, 2019.Â
Fourth Quarter 2019 Highlights
Combined average MAUs1 reached 137.9 million, representing an increase of 46.9% from 93.8 million in the fourth quarter of 2018, compared to 133.9 million in the previous quarter.Combined average DAUs2 reached 45.7 million, representing an increase of 47.8% from... More