Is China now the biggest book market, redux. Alibaba says 30 million new Chinese readers were added in 2018

While one report citing a $55 billion value for the Chinese book market cannot be taken as gospel, a new report from China’s online giant Alibaba adds weight to the possibility the USA’s claim to be the world’s largest book market is now out of date. As reported here at TNPS a few days ago, Read More …

Publishing Perspectives’ interview with the Beijing IBF’s director. The Hot Sheet’s take on indie author access to China

Given China is by any measure the second largest book market in the world, it should come as no surprise that the Beijing International Book Fair is one of the largest and most important publishing events in the world. To coincide with the event, Publishing Perspectives ran an insightful interview with the Beijing IBF Director, Read More …

Least likely headline you’ll see this year: Ebook company buys film studio for $2.5 bn

Being the former ebook subsidiary of Tencent has its benefits. Buying your own film studio, for example. But actually China Literature, the former ebook arm of Tencent, didn’t need parental help to secure the deal. After a $1 billion IPO in November 2017 – Tencent’s China Literature IPO the biggest in a decade China Literature Read More …

As Amazon launches Prime Reading in China, a predicted $5.3 bn valuation will make the China ebook market far bigger than the US by 2020

IDBoox of France covers the story that the Chinese ebook market will be worth $5.3 billion by 2020, reporting on a study conducted by Chinese e-commerce giant Dangdang and Analysys which predicts annual growth for the Chinese ebook market of 29.8%. $5.3 billion would value the China ebook market at $2 billion more than Data Read More …

Ebook distributor StreetLib partners with China’s CNPIEC

Hard on the heels of the announcement StreetLib is launching in India, comes news of a distribution deal with China’s CNPIEC, as part of StreetLib’s global expansion programme. State-owned CNPIEC, aka the China National Publications Import & Export (Group) Corporation, will be distributing StreetLib’s catalogue to thousands of Chinese libraries via the e-reading platform CNPereading. And yes, the Read More …