When the digital business is split, strategic investment will be introduced

Source: Internet
Author: User
Keywords Investment when
Tags business business group business is content creative workshops digital digital business group
Absrtact: February 7, when CEO Guoqing Weibo said he would lead e-books and content creative workshops to new offices next week, suggesting that when the digital business was started to split, Guoqing was in charge of the E-book business group. When the official Twitter release this morning confirmed the

February 7, when CEO Guoqing Weibo said, "the next week to lead E-books and content Creative Workshop moved to the new office area", suggesting that when the digital business has started to split, Guoqing is responsible for the E-book business group.

This morning when the official microblog confirmed the news, "when the official spin-off of the Digital Business (ebook and content creative factories, etc.) was launched in January 2015." At this year's annual publishing supplier conference, when the announcement will focus on creating a digital reading ecology, investment hatching 100 small micro studios. The goal is to gain more than 60% of the genuine reading market in 3 years, but the current share of reading is only 5%.

It was also reported that when E-book business was not only independent, it would also raise 400 million dollars separately. In this regard, when the side said, "are with strategic resources of the Investment Partners (non-venture capital), financing progress will be in accordance with the relevant provisions of the new exchange to investors in a timely manner, the current inconvenience disclosed." ”

Data show that 2014 when the number of books downloaded to 60 million volumes, accounting for when the book sales of 20%, while the 2013 ratio of 10%, is expected to be in 5 years of digital book sales are expected to exceed the paper book.

As China's first listed electric business enterprises, when the impression of the outside world has been a conservative movement. Although when Occupy 50% of the book sales market, but with the Beijing-east, Amazon, Suning force the book market, Liu is released "book and audio-visual department within 5 years not allowed to profit," when they have to seek a breakthrough. When the digital business is independent, is to strengthen the book sales moat should be.

In addition, when the book is still deliberately dilute the color of the books, into apparel, mother and child, beauty makeup, home, digital 3C and other fields, 2014, the proportion of non-book business has exceeded 60%.


Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.