(4 July 2017) China Literature Ltd, a Tencent Holdings Ltd unit and the country’s largest online publishing and eBook company, has filed for a Hong Kong initial public offering that is expected to raise as much as $800 million. The deal is also a boost for the Hong Kong bourse, which has failed to attract…
(13 June 2017) Two major new reports published today demonstrate that the future of the academic book is at a crossroads with the number of new book proposals growing rapidly but sales per title continuing to fall. Researchers on the Academic Book of the Future project are recommending that academics and publishers work together to…
(29 May 2017) New Oriental Education & Technology Group Inc. has led a RMB90 million (US$13 million) funding round in Kaishuo Jianggushi, a children’s stories content provider. Chinese growth capital firm Trustbridge Partners, Shanghai-listed Zhejiang Daily Digital Culture Group and iResearch Capital also participated in the round. The funding round is part of a new…
(16 May 2017, Shanghai, PRNewswire/InfoQuest) China Reading, China’s leading online literature platform, has officially launched both its international website as well as mobile app, as part of its expansion into the international online reading market. This international expansion aims to build upon China Reading’s success and growth of the Chinese online literature market. The Qidian…
(27 April 2017) Readers in the United Kingdom are suffering from screen fatigue and are abandoning eBooks and embracing print says Michael Kozlowski. Sales of consumer eBooks plunged 17% to £204m last year, the lowest level since 2011. This has resulted in a number of companies to go out of business such as Blinkbox Books and…
(6 April 2017) Cambridge University has recently completed compiling 2016 usage statistics for over 75,000 eBooks on more than sixty platforms. Cambridge librarians can download the full dataset but for those of you looking to get a quick idea, ebooks@cambridge offers some key observations. 3.3 million hits were recorded on eBooks… eBooks usage continues to…
(6 April 2017, Berlin and Boston) De Gruyter and a number of prestigious university presses are making books and journal articles across nine topical areas freely available until the end of 2017 on http://degruyter.com/. Broadening access to these areas of scholarship enables more people, including non-academics, to address these issues in an informed manner: it…
(29 March 2017, London, UK and Cambridge, MA) Data science company Altmetric today announced that The MIT Press has integrated Altmetric Badges for Books into its book pages. Visitors will be provided with an at-a-glance summary of the online attention relating to all of their monograph titles, discovering for the first time the broader engagement from key…
New selection of ebooks expands company’s rich selection of research materials (30 March 2017, Mountain View, CA) ProQuest is collaborating with Asian Studies scholars, librarians and Chinese-language publishers to offer a selection of Chinese-language ebooks, enabling libraries to provide resources demanded by researchers. The growing collection spans thousands of titles available on the Ebook Central®, ebrary®…
(25 March 2017) East Jakarta will soon have a modern public library with air-conditioned reading rooms, comfortable chairs and tables, sofas and pleasant outdoor scenery. East Jakarta Library and Archives Agency head Fadlan Zurhan said the municipality had renovated a building that used to be the Pondok Bambu subdistrict office in Duren Sawit into a café-style…
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