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Overseas Rev. from CN Online Literature at RMB4.35B
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The China Audio-Video Copyright Association released the “2024 China Online Literature Going Global Trend Report” in Shanghai, which showed that the overseas market revenue of China's online literature industry grew 7.06% YoY to RMB4.35 billion last year. It is expected that AI and AI translation can help China's online literature go global in the future. As of the end of November, CHINA LIT (00772.HK)'s overseas portal, WebNovel, marked translations of about 6,000 Chinese online literature works. So far this year, more than 2,000 new AI translation works have been added, up 20 times YoY. AAStocks Financial News |
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