China’s news app Qu Toutiao said to mull U.S. IPO at $3b valuation

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People use smartphones in Beijing, China, on Saturday, March 7, 2015. Photographer: Tomohiro Ohsumi/Bloomberg

Qu Toutiao, a Chinese news and video aggregation mobile app, is weighing a U.S. initial public offering, people with knowledge of the matter said.

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