7 million users in the Philippines as Wattpad’s Tencent-backed Asia plans step up a gear

The Philippines has long been one of Wattpad’s strongholds, but this month comes news from Manila Bulletin that fully 7 million of Wattpad’s 65+ million users around the world are from that one country. After the latest $51 million round of Wattpad funding in January, with a substantial portion coming from China’s Tencent – Tencent Read More …

Ten global publishing stories not to be missed – 22 January 2018 edition

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. I also have a rule that I don’t repeat a story published elsewhere unless I can offer some additional information or perspective that hasn’t Read More …

Wattpad insights

As reported here last week, the Chinese e-commerce titan Tencent is throwing $40 million at Wattpad, at a time when Wattpad is seeing 60 million people a month use the site. Over at Publishing Perspectives today, Porter Anderson carries an interview with Wattpad’s Ashleigh Gardner which offers some statistical insights into Wattpad users. Fan-fiction (fanfic) Read More …

Tencent moves on Wattpad as Wattpad hits 60 million users. Could Nook be next?

Back in September I ran a post here on Nook’s future, speculating on the possibility Nook could be acquired by the Chinese ebook behemoth Tencent, which was actively looking for global expansion possibilities. A sentiment shared by Jane Friedman and Porter Anderson at the Hot Sheet. Nothing yet to suggest Tencent has Nook on its Read More …