Qiushibaike: No acquisition by ByteDance, and no plan

Today, in response to the saying that Qiushibaike.com was acquired by Bytedan ce in the market, Gong Xun, the product director of the Qiushibaike.com told media that the company has recently noticed related news reports, and there are also many inquiries from the industry peers or users.

Today, in response to the saying that Qiushibaike.com was acquired by Bytedan ce in the market, Gong Xun, the product director of the Qiushibaike.com told media that the company has recently noticed related news reports, and there are also many inquiries from the industry peers or users.

They stated that Qiushibaike.com was not acquired by Bytedance, and there are no plans for this in the near future.

ByteDance has no response.

Qiushibaike.com, founded in 2005, is an early UGC community in China that focuses on creating original and funny content.

In November 2014, Qiushibaike completed a round of US$5 million in financing by Sinovation Ventures.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/17/qiushibaike-no-acquisition-by-bytedance-and-no-plan/.

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