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COL Group

From Wikipedia, the free encyclopedia

COL Group Co Ltd (Chinese: 中文在线), formerly COL Digital Publishing Group Co Ltd, is a digital publishing company based in China.[1] It produces digital content, such as short and medium dramas, animations, films and television, and owns video app ReelShort. It also provides the animation product Spotlight and the romance novel platform Kiss for international clients.[1]

History

COL was founded at Tsinghua University, Beijing, in 2000. It was listed on Shenzhen Stock Exchange on 21 January 2015.[2]

On 21 November 2016, COL proposed to buy a 13.51% stake of AcFun for 250 million Chinese yuan. It would become AcFun's second largest stakeholder after the deal.[3]

In 2022, COL earned over 300 million CNY (US$41.1 million) from paid mini video series.[4]

ReelShort

Main article: ReelShort

COL published the video app ReelShort in August 2022.[4] It provides drama episodes that are only several minutes long. Crazy Maple Studio, a subsidiary of COL based in California, United States, adapted some shows from scripts that were originally written in Chinese and produced for users in China.[5][6] After downloads of ReelShort from the US Apple App Store surged in November 2023, COL's stock price more than doubled in two weeks.[4]

References

  1. ^ a b "300364.SZ - | Stock Price & Latest News | Reuters". Reuters.
  2. ^ "公司介绍_中文在线". www.col.com. Retrieved 2023-12-02.
  3. ^ "中文在线2.5亿元投资AcFun 持股13.51%成第二大股东". tech.sina.com.cn. 22 November 2016. Archived from the original on 2016-11-23. Retrieved 2017-07-02.
  4. ^ a b c "COL's Share Price Doubles as Chinese Firm's ReelShort App Becomes Popular in US". www.yicaiglobal.com. Retrieved 2023-12-02.
  5. ^ "ReelShort is the latest Chinese export to conquer America". The Economist. ISSN 0013-0613. Retrieved 2023-12-02.
  6. ^ "Reelshort冲上美iOS娱乐榜第一，中文在线半个月股价翻倍". 证券时报官方网站-中国资本市场信息披露平台 (in Chinese). 2023-11-14. Archived from the original on 2023-11-17. Retrieved 2023-11-17.

External links


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This page was last edited on 5 March 2024, at 09:24
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