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. 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

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. 1 2 "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. 1 2 3 "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.


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