Mountain Top manages actors, singers, idols, and key opinion leaders (KOLs) in the country. Its roster includes celebrities such as Angelababy and Zhou Dongyu.
Founded in 2015, the Beijing-based agency is backed by Chinese private equity firm Guangdian Capital (GDC), which focuses on investments in entertainment, education, and consumer & retail sectors, and ZhenFund, a Beijing-based Sequoia China-backed seed fund.
In 2016, GDC had made a 100 million yuan ($14.8 million) investment in the company.
ByteDance is one of the world’s most valuable startups and owns Chinese news aggregator Jinri Toutiao, short-form video platforms Xigua Video and Vigo Video, and news platform News Republic.
Its previous investments include Dalyhunt, an Indian vernacular content aggregator; and Indonesian news recommendation platform BaBe. It recently bought Chinese mobile game developer Mokun Technology.