LinkSure Literature, a Chinese online novel reading platform, announces its daily active users (DAU) have exceeded 10 million on Apr. 24, making the almost two-year-old startup a leader in the free reading revolution.
With the pioneering free reading mode and the expansion into third-tier and fourth-tier cities, LinkSure Free Reading has achieved more than 10 million monthly active users (MAU) in two months since it was launched in August last year. According to Analysys, LinkSure Free Reading has attracted over 20 million MAU in December, and has been at the forefront of MAU growth of companies with more than 10 million MAU for four consecutive months.
LinkSure Literature CEO Wang Xiaoshu said, “To achieve 10 million DAU is only a small goal. We firmly believe that in this country where people love to read, now with the free reading mode breaking entry threshold, the online reading industry will become a national-level industry with hundreds of millions of DAU.”
In December 2018, the online reading platform announced the completion of Series A round of funding with amount unspecified and a post valuation of $1 billion.
Founded in July 2017, LinkSure Literature acquired noval reading website zhulang.com one month later. It owns reading apps such as LinkSure Reading and LinkSure Free Reading, and is part of LinkSure network.
Featured photo credit to LinkSure Literature