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China's H1 2019 Internet User Base Reaches 854 Mln

CNNIC, 8/30/19

China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More

China's Jan-April Core Internet Industry Revenues Exceed RMB 324 Bln

MIIT, 5/28/19

China's core internet industry, defined as the aggregate of those enterprises holding a telecommunications value-added service license and recording 2018 full-year service revenues of at least RMB 5 mln, generated RMB 324.6 bln in service revenue during the 4-month period from January to April, 2019, according to a new report issued by China's Ministry of Industry and Information Technology (MIIT). Read More

China's H2 2018 Internet User Base Reaches 829 Mln

CNNIC, 2/28/19

China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More

China to Strengthen Management of Online Live Broadcasting Services

The Beijing News, 7/24/18

A group of Chinese regulators is planning to release new rules aimed at strengthening management of online live broadcasting services. Read More

Audiobook Platform Lanren Tingshu Wins RMB 200 Mln Series C

Lieyunwang, 6/25/18

Shenzhen-based Lanren Online Technology, operator online and mobile audiobook platform Lanren Tingshu (literally "Lazy People Audiobooks"), has announced the completion of RMB 200 mln in Series C funding jointly led by Time Publishing and Media (600551.SH), Shenzhen Qianhai Tianhe Culture Industry Fund Management and Fuhui Capital. Read More

Children's Reading App 'Koala Reading' Raises USD 8-digit Series A

36Kr.com, 12/05/17

Beijing-based Xiangyue Education Technology, developer of mobile children's reading app Koala Reading, recently announced the completion of USD 8-digit Series A funding from Qiming Venture Partners and Granite Global Ventures. Read More

Digital Reading Service Provider iReader Lists on Shanghai Stock Exchange

iHeima, 9/21/17

iReader Technology, operator of online digital reading app iReader, has officially listed on the Shanghai Stock Exchange on September 21 under ticker number 603533. Read More

Digital Reading Service Provider iReader Wins Approval for IPO

Sootoo, 7/28/17

The China Securities Regulatory Commission (CSRC) recently revealed via its website that it has granted approval to online digital reading service provider developer iReader Technology to IPO on the Shanghai Stock Exchange. Read More

China Promulgates Rules for Evaluation of Online Literature Organizations

SAPPRFT, 6/27/17

China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) recently announced new rules for evaluating the social benefits produced by organizations offering online literature publication services. Read More

Tencent-backed 'China Reading' Announces Ecosystem Strategy

TechWeb, 6/06/17

Online and mobile literature firm China Reading Limited, an affiliate of internet and mobile services firm Tencent (0700.HK), recently announced an ecosystem strategy which will be developed around the company's original works division, publishing division, and operations division, according to CEO Wu Wenhui. Read More