Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

92-Year Old Li Ka-Shing Receives First Dose of BioNTech Vaccine
China Becomes World’s Biggest Buyer of Chip Equipment in 2020, Says SEMI
Geely-Controlled Swedish Electric Carmaker Polestar Raises $550 Million in First External Funding
Xpeng Looks to Cut Reliance on Foreign Made Chips Amid Global Shortage
Trending in China: The Fake Writing Competition That Conned Beijing Parents for Years
ByteDance Powers Up Gaming Investment with C4games Acquisition
Didi Given Greenlight to Test Autonomous Vehicles in Beijing Pilot Zone
Xpeng Debuts New Car As China’s NEV Market Heats Up
Lenovo Still Top Dog in Global PC Market in First Quarter of 2021
Tesla Says Any Data It Collects in China Is Stored in the Nation
Medtech Startup StoneWise Raises $100 Million to Promote Use of AI in Drug Development
Plus Accelerates Uptake of its Autonomous Truck Tech with Italian IVECO Deal
Trending in China: Farmer Given Suspended Jail Time For Felling Own Trees – Social Media Chimes In
‘Tickets Please!’ Baidu Allowed to Charge for Robobus Service in Chongqing
Didi Reportedly Looking to List in U.S. as Soon as July
China’s NEV Sales Balloon in First Quarter on Strong Demand from Individual Consumers
Honor of Kings Beats PUBG Mobile as World’s Highest-Earning Mobile Game in March
Didi to Expand New Logistics Service From 8 to 19 Cities in China
China’s Li Auto Raises $750 Million Through Bond Sale to Fund Electric Car Development
Plant-Based Food Firm Beyond Meat to Open Plant Based in China
ByteDance Offers Books for Free on Toutiao Content Platform

By Liu Shuangshuang and Mo Yelin / Apr 22, 2020 04:34 PM / Business & Tech

Photo: VCG

Photo: VCG

Chinese tech giant ByteDance has made the majority of its novels on its popular Toutiao app free to access, following a general trend in the fiercely competitive publishing sector.

Starting from Tuesday, all of Toutiao’s “recommended” novels will be available to read for free, ByteDance said in a statement.

ByteDance also plans to integrate all the fiction writing currently on Toutiao into a dedicated channel called “Tomato Novel,” the statement said. The company claims that Tomato Novel has amassed more than 10 million daily active users since launching last May.

About 2,000 of the 20,000 fiction writers who regularly publish content on its platforms have contracts with ByteDance, the company said.

Launched in 2012, Toutiao is one of ByteDance’s biggest app offerings and is widely used in China with content including news feeds, short videos, books and games. ByteDance’s other key offering in China is Douyin, the local equivalent of the popular short video app TikTok.

Read the full story on Caixin Global later.

Contact reporter Mo Yelin (

Related: Tencent-Backed E-Book Unit Raises $100 Million in Funding Round

Share this article
Open WeChat and scan the QR code