China Literature

China Literature: an $80B public company monetizing interactive books

Sam Parr cites China Literature as an $80 billion publicly traded Chinese company built on monetizing serialized/interactive fiction. He invested in Tales (a US interactive-book startup) partly to bring those Chinese content-monetization habits to America.

“There's a company in China called— well, the American translation is just called China Literature. It's an $80 billion publicly traded company that does something just like this in China. And I'm fascinated with how authors can make more money. I'm fascinated with bringing the Chinese habits to America.”