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Founded Year

2008

Stage

PIPE - III | IPO

Total Raised

$60M

Market Cap

1.01B

Stock Price

2.29

About ZhangYue

ZhangYue (SHA: 603533) is a mobile reading company that offers iReaders to the Chinese market. The company works with animation companies and original online story creation platforms to develop richer, more diversified content, as well as expanding to the gaming, film, and television industries.

Headquarters Location

2029E, Second Floor, Sihui Building, Sihui East, Chaoyang District

Beijing, Beijing,

China

+86 010-59231388

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ZhangYue Patents

ZhangYue has filed 20 patents.

The 3 most popular patent topics include:

  • rotating disc computer storage media
  • computer storage media
  • dvd
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/21/2019

1/2/2024

Rotating disc computer storage media, Computer storage media, Electronic paper technology, Computer storage devices, DVD

Grant

Application Date

11/21/2019

Grant Date

1/2/2024

Title

Related Topics

Rotating disc computer storage media, Computer storage media, Electronic paper technology, Computer storage devices, DVD

Status

Grant

Latest ZhangYue News

ByteDance to reduce stock in e-book reader Zhangyue for the third time in 2023

Dec 8, 2023

ByteDance to exit gaming sector by closing down Nuverse Credit: ByteDance TikTok parent ByteDance intends to sell 4.389 million shares in Zhangyue, the owner of the digital reading platform iReader, marking its third stock setback since becoming the company’s third-largest shareholder in 2020. Currently, ByteDance holds a 7.49% stake in Zhangyue. This recent divestment follows a nearly 15% surge in Zhangyue’s shares over the past two months, attributed to the popularity of short web dramas before China’s broadcasting regulator tightened content control in mid-November. The share reduction, to be carried out by a wholly-owned subsidiary of ByteDance, will not exceed 1% of the total share capital of iReader’s owner, as per Zhangyue’s regulatory filings on Wednesday. ByteDance initially acquired an 11% stake in the e-book reader shares through a RMB 1.1 billion investment three years ago, aiming to diversify growth into new areas. [Zhangyue, in Chinese ] Related Latest stories

ZhangYue Frequently Asked Questions (FAQ)

  • When was ZhangYue founded?

    ZhangYue was founded in 2008.

  • Where is ZhangYue's headquarters?

    ZhangYue's headquarters is located at 2029E, Second Floor, Sihui Building, Sihui East, Chaoyang District, Beijing.

  • What is ZhangYue's latest funding round?

    ZhangYue's latest funding round is PIPE - III.

  • How much did ZhangYue raise?

    ZhangYue raised a total of $60M.

  • Who are the investors of ZhangYue?

    Investors of ZhangYue include China Asset Management, Nuode Asset Management, Yurong Xu, Huatai Securities Asset Management, Guotai Junan Securities and 15 more.

  • Who are ZhangYue's competitors?

    Competitors of ZhangYue include Kobo.

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Compare ZhangYue to Competitors

Kobo Logo
Kobo

Kobo sells digital books. It provides eReaders and the free Kobo App for smartphones and tablets. It is based in Toronto, Ontario.

Audible Logo
Audible

Audible is a company that focuses on the digital media and entertainment industry. It offers a vast selection of audiobooks, providing customers with the ability to download and listen to books on various devices. The company primarily serves the digital media and entertainment industry. It is based in Newark, New Jersey.

Publica Logo
Publica

Publica provides a decentralized network of content that allows users to market and sell their digital content. The platform enables authors and content creators to share, market, and sell eBooks, audiobooks, and any other types of digital content. Publica was founded in 2017 and is based in Pittsburgh, Pennsylvania.

F
Fluister

Fluister is a developer of a streaming platform. It offers users access to audiobooks, electronic books (e-books), and podcasts. It was founded in 2022 and is based in Amsterdam, Netherlands.

Kobo Logo
Kobo

Kobo, fka Shortcovers, is a global eBook retailer aiming to enable customers to read any book on any device. Kobo was founded by Canadian bookseller and retailer Indigo in December 2009.

Amazon Logo
Amazon

Amazon (NASDAQ: AMZN) operates as a multinational technology company. It focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. The company provides an e-commerce platform to sell a wide variety of products and services, including electronics, home goods, apparel, food, and more. It also offers cloud computing services through Amazon Web Services (AWS). It was formerly known as Cadabra. It was founded in 1994 and is based in Seattle, Washington.

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