Fractal Characteristics of Discontinuous Growth of Digital Company: An Entrepreneurial Bricolage Perspective

<table class="table-group" id="tab1"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left">Category</td><td class="align_center">Toutiao</td><td class="align_center">Douyin</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">Domains</td><td class="align_center">Media information</td><td class="align_center">Short social video</td></tr><tr><td class="align_left">Release year</td><td class="align_center">2012</td><td class="align_center">2016</td></tr><tr><td class="align_left">Business scale</td><td class="align_center">700 million registered users by 2016<br/>By 2018, with fewer than 800 million users, the scale of growth was no longer significant</td><td class="align_center">250 million daily active users by 2018<br/>Over 400 million daily active users as of early 2020</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Basic information about Douyin and Toutiao.</div>

Complexity

tab1

Table 1

Table 1: Fractal Characteristics of Discontinuous Growth of Digital Company: An Entrepreneurial Bricolage Perspective 