Zhihu, a Quora clone, is now worth a billion dollars

The start-up has managed to survive despite the onslaught of a tech giant, reports Tech in Asia

Quora, that Q&A site you used a few years back and then forgot about, is not having as much luck as its Chinese clone. Zhihu, launched two years after Quora, is now a start-up “unicorn” after it secured $100 million in series D funding.

The investment and valuation are today confirmed by Kai-Fu Lee, former Google China boss turned start-up investor and an early backer of Zhihu, reports Technode.

Sixteen new start-up unicorns emerged in Asia last year, fewer than in 2015. Of those, all but five were Chinese start-ups.

Zhihu, with 65 million registered users, of whom 18.5 million are daily active