On May 17, 2019, LinkSure Literature announced the acquisition of the mobile comic app Manman. The company is positioning itself to develop new comic IPs based on popular online literature from its reading platform.
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.
LinkSure Literature, the online reading platform under LinkSure Network, has finalized its Series A round of funding, with investors led by Hopu Fund. After the financing, the valuation of the company has reached $1 billion, making it a new unicorn amid this year’s “capital winter”.
What is another wonder in China other than the four new great inventions? Online literature. According to South China Morning Post, Chinese internet literature has been regarded as one of the four cultural wonders of the world, together with Hollywood films, Japanese anime, and Korean dramas.