Operator
Hello, ladies and gentlemen, thank you for standing by for the Third Quarter 2020 Earnings Conference Call for the Qutoutiao Inc. At this time, all participants will be in a listen-only mode. After management s remarks, there will be a question-and-answer session. Today s conference call is being recorded.
I will now turn the call over to your host. Please go ahead, sir.
Sai Chi Du
Investor Relations
Thank you very much. Welcome everyone to the third quarter of 2020 earnings conference call of Qutoutiao Inc. The company s financial and operational results were released via Newswire services earlier today and have been made available online. You can also view the earnings press release by visiting the IR section of our website at ir.qutoutiao.net. Participants on today s call will include our CEO, Mr. Eric Tan and our CFO, Mr. Xiaolu Zhu.
Company Overview
Qutoutiao Inc is a mobile content platform company in China. Its flagship mobile application is Qutoutiao aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. It has also launched mobile literature application, Midu Novels, which offers users free literature supported by advertising. The mobile literature application, Midu Novels, primarily sources content from traditional PC-based online literature platforms which provide license to publish their literature content on Midu Novels for a fee and offers approximately 40,000 pieces of literature on Midu Novels. The company generates revenue primarily by providing advertising and marketing services.