Acquisition Capital Flipagram 
socalTECH
FEBRUARY 1, 2017
Los Angeles-based mobile video sharing and creation company Flipagram , let by Farhad Mohit, has beenacquired by Chinese company Toutiao , the companies said this morning. Financial details of the acquisition were not announced. Toutiao said it will use the acquisition to help expand into the U.S.
socalTECH
DECEMBER 16, 2016
Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Citing "multiple sources" close to the company, Recode said Flipagram is still discussing financial terms with Toutiao, but no deal has been signed. READ MORE>>.
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