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QTT - Qutoutiao: Here Is Why You Should Stay Away From The Company Now
Qutoutiao Inc.
Investment Thesis
Despite the shining growth numbers Qutoutiao (NASDAQ: QTT) delivered in Q2 2019, there are some hidden concerns that lead us to believe investors should stay away from this company for now.
The Bumpy Road Since IPO for QTT
Qutoutiao, meaning “fun headlines” in Chinese, launched their same name flagship mobile application in June 2016. After just 2 years, the company went IPO in NASDAQ, marking one of the fastest IPO records in China's tech history.
Currently, QTT is the No.2 (the first place belongs to Jinri Toutiao, one of the many