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China's online novel king wants to crack the US market


April 01, 2021
Reuters
China Literature, a subsidiary of tech giant Tencent Holdings, has been churning out profits from one of Chinese netizens’ favourite pastimes: reading serialised novels.
Now it is trying to export that proven business model to the rest of the world, with plans to double the number of its North American writers in 2021, the company’s head of international business Sandra Chen told the South China Morning Post .
“We aim to grow the number of North American writers to 100,000 this year,” said Chen, who leads Webnovel, the overseas business unit of China Literature and the name of its English-language website. ....

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E-Book Market Size USD 38560 Million by 2026 at CAGR 15.7%


E-Book Market Size USD 38560 Million by 2026 at CAGR 15.7% | Valuates Reports
BANGALORE, India, Dec. 10, 2020 /PRNewswire/ The
E-Book Market is Segmented by Industry Type (Ebook Reader, Smart Phone, Other), Application (Hardware App, Online Store, Others), Key Vendors and Regional Growth: Global Opportunity Analysis and Industry Forecast, 2019-2026. This report is published on
Valuates Reports in the
E-Books Category.
The global E-Book market size is projected to reach USD 38560 Million by 2026, from USD 16100 Million in 2020, at a CAGR of 15.7% during 2021-2026.
Major factors driving e-book market size growth are increased usage of e-readers, e-learning apps, development of enhanced display technologies, and advancements in battery technology. ....

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