Chinese news reading app Toutiao acquires Flipagram

 Popular video app Flipagram is getting acquired by Chinese company Toutiao for an undisclosed amount. Flipagram was once a social media darling but the startup has been quiet recently. Flipagram will remain an independent product for the time being and the team will stay in its own office in the U.S. Recode first reported that Flipagram was looking for a buyer. Flipagram had raised a big… Read More

http://ift.tt/1K8HnR0 Chinese news reading app Toutiao acquires Flipagram http://ift.tt/2jWZ2pF