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Report: Flipagram Looking For Buyer

socalTECH

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.

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Silicon Beach Report Aug. 31: Flipagram Is Shopping Itself Around to Potential Buyers

L.A. Business Journal

Flipagram Is Shopping Itself Around to Potential Buyers, Appetize signs deal to supply devices to Los Angeles Memorial Coliseum, CBS All Access Launches Ad-Free Option, and more.

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Silicon Beach Report Aug. 11: Another Snapchat Filter Causes Uproar

L.A. Business Journal

Another Snapchat filter causes uproar, Samsung Electronics to buy Dacor for an estimated $150 million, Flipagram announces partnership with SoundHound, and more.

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Silicon Beach Report Feb. 2: Westside Rentals Sells to CoStar’s Apartments.com

L.A. Business Journal

Westside Rentals Sells to CoStar’s Apartments.com, Flipagram Acquired by Chinese Company, L.A. Region Leads Nation in Business Startups, and more.

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Silicon Beach Report Dec. 15: Faraday Future's Troubles Mount Ahead of CES Unveiling

L.A. Business Journal

Faraday Future’s unpaid bills are piling up and spurring lawsuits, Chinese firm eyes acquisition of Flipagram, GumGum launches TV signage valuation tool, and more.

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Live.me Raises $50M In Series B From Bytedance

socalTECH

The news comes shortly after Bytedance (Beijing Bytedance Technology Co Ltd) also announced it had acquired another Los Angeles, social app developer, Musical.ly, in a deal reported to be worth as much as $1 billion. Bytedance also bought LA's Flipagram earlier this year. READ MORE>>.

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Southern California Companies Raise $1.46B In VC In Q3 2015

socalTECH

According to the report, which was released this evening, there were 97 deals totaling $1.467 billion across the Southern California region, a rise, dollarwise, over Q3 of 2014, when there was $797.0M Other big deals included in the survey were Flipagram (nearly $70M) and Yuneec ($60.0M). However, the report found that the $47.2