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19: China's $20 billion news app with Dannie Li
This week Matt and John talk with Dannie Li, an analyst at China Tech Insights about Jinri Toutiao, a Chinese content aggregator recently valued at $20 billion, including:\xa0\n- Why Jinri Toutiao is so popular\n- How it is so sticky\n- Its business model and why its valuation is high\n- Why advertisers love it so much\n- Risks to the app and business model\n- Conflicts between Toutiao and content producers\n- Challenges as Toutiao expands inside and outside China