Qutoutiao Inc. operates mobile platforms for the distribution, consumption, and sharing of light entertainment content in the People's Republic of China. The company operates Qutoutiao, a mobile application that aggregates articles and videos from content providers and presents real-time customized feeds to users; and Quduopai mobile application, as well as provides online data processing and transaction processing services. It also offers Midu Novels, a mobile literature application that offers users free literature supported by advertising, as well as Midu Lite mobile literature application. The company was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc. in July 2018. Qutoutiao Inc. was founded in 2016 and is headquartered in Shanghai, China.
IPO Year: 2018
Exchange: NASDAQ
Website: qutoutiao.net
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Citigroup downgraded Qutoutiao from Buy to Neutral
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SHANGHAI, China, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao" or the "Company") today announced that it has received a written notification from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated September 26, 2022, indicating that for the last 30 consecutive business days, the closing bid price of the Company's American depositary shares (the "ADSs") was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Nasdaq notification letter has no current effect on the listing or trading of the Company's ADSs on Nasdaq. Pursuant to the Nasdaq Listing Rule 5810(c)(3)(A), the
SHANGHAI, China, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao" or the "Company") today announced that it received a written notification from the Staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated September 13, 2022, indicating that the Company no longer meets the continued listing requirement of minimum Market Value of Publicly Held Shares ("MVPHS") for The Nasdaq Global Select Market, as set forth in the Nasdaq Listing Rule 5450(b)(2)(C), because the Company's MVPHS for the last 30 consecutive business days was below the minimum MVPHS requirement of US$15,000,000. The notification has no immediate effect on the listing of the
SHANGHAI, China, May 02, 2022 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao", the "Company" or "We") (NASDAQ:QTT), a leading operator of mobile content platforms in China, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission (the "SEC") on May 2, 2022. The annual report can be accessed on the Company's investor relations website at https://ir.qutoutiao.net and on the SEC's website at https://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests
SHANGHAI, China, May 02, 2022 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao", the "Company" or "We", and together with its subsidiaries and controlled affiliated entities, the "Group") (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, 2021. Fourth Quarter 2021 Highlights Net revenues was RMB881.1 million (US$138.3 million), representing a decrease of 32.3% from RMB1,302.4 million in the fourth quarter of 2020, and a decrease of 8.7% quarter-over-quarter from RMB965.5 million in the third quarter of 2021.Net loss was RMB298.0 million (US$46.8 million), compared to
SHANGHAI, China, Dec. 21, 2021 (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, 2021. Third Quarter 2021 Highlights Net revenues was RMB965.5 million (US$149.8 million), representing a decrease of 14.6% from RMB1,130 million in the third quarter of 2020, and a decrease of 19.7% quarter-over-quarter from RMB1,202.0 million in the second quarter of 2021.Net loss was RMB583.6 million (US$90.6 million), compared to net loss of RMB269.4 million in the third quarter of 2020 and net loss of RMB209.5 million
SHANGHAI, China, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao" or the "Company") (NASDAQ:QTT), a leading operator of mobile content platforms in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2021 before US markets open on Tuesday, December 21, 2021. Qutoutiao's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, December 21, 2021 (9:00 PM Beijing/Hong Kong time on Tuesday December 21, 2021). Please register in advance of the conference call using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode
SHANGHAI, China, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao" or the "Company") (NASDAQ:QTT), a leading operator of mobile content platforms in China, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.0001 per share, from the current ADS Ratio of four (4) ADSs to one (1) Class A ordinary share to a new ADS Ratio of two (2) ADSs to five (5) Class A ordinary shares. The Company anticipates that the change in the ADS Ratio will be effective on or about December 10, 2021. For Qutoutiao's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-t
SHANGHAI, China, Sept. 07, 2021 (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 second quarter ended June 30, 2021. Second Quarter 2021 Highlights Net revenues was RMB1,202.0 million (US$186.2 million), representing a decrease of 16.6% from 1,441.0 million in the second quarter of 2020, and a decrease of 6.9% quarter-over-quarter from RMB1,291.0 million in the first quarter of 2021, exceeding the Company's previous guided range for the second quarter of 2021.Net loss was RMB209.5 million (US$32.4 million), compared to net loss of RMB222.1 m
-Earnings Call Scheduled for 8:00 A.M. ET on September 7, 2021 SHANGHAI, China, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao" or the "Company") (NASDAQ:QTT), a leading operator of mobile content platforms in China, today announced that it will report its unaudited financial results for the second quarter of 2021 ended June 30, 2021 before US markets open on Tuesday, September 7, 2021. Qutoutiao's management will host an earnings conference call at 8:00 A.M. U.S. Eastern Time on Tuesday, September 7, 2021 (8:00 P.M. Beijing/Hong Kong time on Tuesday September 7, 2021). Please register in advance of the conference call using the link provided below. Upon registering, you w
SHANGHAI, China, June 01, 2021 (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 first quarter ended March 31, 2021. First Quarter 2021 Highlights Net revenues decreased 8.6% year-over-year to RMB1,291.0 million (US$197.0 million), while slightly decreased by 0.9% quarter-over-quarter from RMB1,302.4 million in the previous quarter, and was at the high end of the Company's guided range.Net loss was RMB149.0 million (US$22.7 million), compared to net loss of RMB531.8 million in the first quarter of 2020 and net loss of RMB81.8 million in the f
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20-F - Qutoutiao Inc. (0001733298) (Filer)
6-K - Qutoutiao Inc. (0001733298) (Filer)
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SHANGHAI, China, Dec. 21, 2021 (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, 2021. Third Quarter 2021 Highlights Net revenues was RMB965.5 million (US$149.8 million), representing a decrease of 14.6% from RMB1,130 million in the third quarter of 2020, and a decrease of 19.7% quarter-over-quarter from RMB1,202.0 million in the second quarter of 2021.Net loss was RMB583.6 million (US$90.6 million), compared to net loss of RMB269.4 million in the third quarter of 2020 and net loss of RMB209.5 million
SHANGHAI, China, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao" or the "Company") (NASDAQ:QTT), a leading operator of mobile content platforms in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2021 before US markets open on Tuesday, December 21, 2021. Qutoutiao's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, December 21, 2021 (9:00 PM Beijing/Hong Kong time on Tuesday December 21, 2021). Please register in advance of the conference call using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode
SHANGHAI, China, Sept. 07, 2021 (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 second quarter ended June 30, 2021. Second Quarter 2021 Highlights Net revenues was RMB1,202.0 million (US$186.2 million), representing a decrease of 16.6% from 1,441.0 million in the second quarter of 2020, and a decrease of 6.9% quarter-over-quarter from RMB1,291.0 million in the first quarter of 2021, exceeding the Company's previous guided range for the second quarter of 2021.Net loss was RMB209.5 million (US$32.4 million), compared to net loss of RMB222.1 m
-Earnings Call Scheduled for 8:00 A.M. ET on September 7, 2021 SHANGHAI, China, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Qutoutiao Inc. ("Qutoutiao" or the "Company") (NASDAQ:QTT), a leading operator of mobile content platforms in China, today announced that it will report its unaudited financial results for the second quarter of 2021 ended June 30, 2021 before US markets open on Tuesday, September 7, 2021. Qutoutiao's management will host an earnings conference call at 8:00 A.M. U.S. Eastern Time on Tuesday, September 7, 2021 (8:00 P.M. Beijing/Hong Kong time on Tuesday September 7, 2021). Please register in advance of the conference call using the link provided below. Upon registering, you w
SHANGHAI, China, June 01, 2021 (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 first quarter ended March 31, 2021. First Quarter 2021 Highlights Net revenues decreased 8.6% year-over-year to RMB1,291.0 million (US$197.0 million), while slightly decreased by 0.9% quarter-over-quarter from RMB1,302.4 million in the previous quarter, and was at the high end of the Company's guided range.Net loss was RMB149.0 million (US$22.7 million), compared to net loss of RMB531.8 million in the first quarter of 2020 and net loss of RMB81.8 million in the f
SHANGHAI, China, March 04, 2021 (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, 2020. Fourth Quarter 2020 Highlights Net revenues decreased 21.5% year-over-year to RMB1,302.4 million (US$199.6 million), while increased by 15.3% quarter-over-quarter from RMB1,130.0 million in the previous quarter, and was above the high end of the Company’s guided range.Net loss was RMB81.8 million (US$12.5 million), compared to net loss of RMB551.4 million in the fourth quarter of 2019 and net loss of RMB26
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