Still Absolutely Last Database Controls

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delwar70
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Joined: Sun Jun 12, 2022 12:31 pm

Still Absolutely Last Database Controls

Post by delwar70 »

The financing warning of Zhang Ying. The founding managing partner of China last night. Poured cold water on the severe winter of capital. Today is a piece of good news. announced that its Last Database Novels and Express have completed a $100 million Series B financing led by CMC. Plus the $18 million Series A financing completed at the end of last year. The amount of financing reached 118 million US dollars. After the completion of this round of financing. Still absolutely controls Novel, officially launched in May 2018, is a free Last Database online text reading APP under . At the end of 2018, the daily active users of exceeded 5 million. Ranking the top three of the same type of products in the market. And the average daily usage time exceeded 2 hours.

The data in the "2018 China Digital Reading. White Paper" released at the China Digital Reading Conference. Opened in Hangzhou in April 2019 shows that in 2018, the per capita daily time of Last Database users in the digital reading industry was 71.3 minutes. The per capita data of Mi Reading has reached 150 minutes. Far exceeding the average data. As an internal incubation product that is highly expected by. Mi Reading Novel adheres to the company's consistent style of "free + advertising + gold coins. And has Last Database become a big catfish in the online reading market, impacting the payment model. How did Mi Read Novels develop at a high speed. After escaping the siege of major reading software.

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Backed by "father", the sinking market is the breakthrough. The success of Qutoutiao in the sinking market has made. The entire Internet industry aware of the sinking market. Many entrepreneurs who Last Database have encountered obstacles. In the first- and second-tier markets are trying to make. A comeback in the sinking market. Naturally, Mi Du will not give up the successful. Experience of "father", and use the sinking market as a breakthrough to allow himself to develop rapidly. Urban residents below the third and fourth tiers have Last Database always been ignored by the Internet in the past. Even with the successes of they still have not received the attention of capital.
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