# Zhuishushenqi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhuishushenqi

- Industry: Internet
- Headquarters: Hangzhou, China
- Website: www.zhuishushenqi.com
- Latest round: Series A (Dec 23, 2013)
- Investors on record: 2

## About

Zhuishushenqi functions as a comprehensive digital platform dedicated to the distribution and reading of online literature, specializing in e-books and serialized novels for diverse audiences.Founded in Hangzhou, China, Zhuishushenqi operates as an online literature platform focused on e-books and serialized novels. The company has completed 2 financial deals, with the most recent being a SERIES A financing round on December 23, 2013, led by Meridian Capital.Zhuishushenqi primarily offers an extensive digital platform that focuses on the distribution and reading of online literature, particularly in the form of e-books and serialized novels. The platform caters to a diverse audience, including avid readers, authors, and content creators, by providing a space for both consumption and creation of literary works. Users can access a wide range of genres, enhancing the reading experience through features such as personalized recommendations and community engagement forums. The platform's main offerings are designed to solve the accessibility issues of traditional publishing, allowing independent authors to connect with readers directly. Zhuishushenqi's services are predominantly utilized in the Chinese market, targeting younger demographics who are increasingly consuming literature in digital formats.Zhuishushenqi generates revenue through a subscription-based model that allows users to access premium content and features. Clients engage with the platform by purchasing membership plans that unlock exclusive titles and provide an ad-free reading experience. Additionally, the company implements a partnership structure with authors and publishers, facilitating revenue sharing for content hosted on their platform. This structured approach not only benefits the authors but also encourages a diverse library for users. Clients are primarily individuals who prefer direct access to literature, contributing to a steady flow of transactions as they subscribe or make incremental purchases for specific titles. Such transactions are indicative of a direct-to-consumer strategy that reinforces Zhuishushenqi’s position in the digital literature marketplace.Zhuishushenqi plans to enhance its offerings by developing new features and expanding its product lineup, with potential launches targeted for 2024. The company is also looking to broaden its market reach beyond China, with aspirations to enter Southeast Asian markets by the end of 2024. The recent SERIES A funding round completed in December 2013 will be utilized to support these initiatives, enabling the company to invest in technology enhancements and marketing strategies to attract a wider audience.

## Funding rounds

- Series A, Dec 23, 2013 — Meridian Capital
- Angel, Sep 1, 2012 — TiSiWi

## Investors

- TiSiWi (https://capitalatlas.ai/funds/tisiwi) — Angel
- Meridian Capital — Series A