Qutoutiao Inc. Announces Full Exercise of Over-allotment Option in Initial Public Offering
(WorldNews China)

SHANGHAI, China, Sept. 21, 2018 (GLOBE NEWSWIRE) -- Qutoutiao Inc. (`Qutoutiao` or the `Company`) (NASDAQ: QTT), a leading mobile content aggregator in China, today announced that underwriters of the Company´s initial public offering (the `IPO`) have exercised their over-allotment option in full to purchase an additional 1,800,000 American Depositary Shares (`ADSs`) from the Company at the IPO price of US$7.00 per ADS. ......