Today, in response to the “sale in discussion”, Fun Headlines responded by saying: the sale of assets is completely untrue.
Previously, there were media reports that Fun Headlines was in contact with a number of giants and head companies, including Tencent and Ali, to discuss the sale of the whole or part of the sale, and its rice reading is also in the discussion of the sale of assets.
Fun Headlines
In September last year, there were media reports that the operating body of Mi Read Novel was no longer a wholly owned subsidiary of Fun Headlines, which also withdrew as a shareholder of Mi Read Novel. This also means that Mi Read Novel has been divested under Fun Headlines and will operate independently in the future.
It is reported that on September 29, 2019, the operating body of Mi Read Novel – Anhui Palm End Network Technology Co., Ltd. underwent an industrial and commercial change, and the operating body of Fun Headlines – Shanghai Key Score Culture Communication Co., Ltd. no longer holds 100% of the shares of Mi Read Novel, which was transferred to the personal possession of Xu Wanting and Gao Min.
In response to the above change, the response from Fun Headlines at the time said that Mi Read Novel is still a subsidiary of Fun Headlines, there is no such thing as being divested, and the change in the operating body of Mi Read Novel is only a technical adjustment at the legal level, which does not affect the substantial shareholding structure of Mi Read Novel. The operating entity of Mi Read Novel has switched at the end of 2018, and is no longer Anhui Palm End Network Technology Co.
According to the financial report of FunTip 2020Q2, the consolidated average monthly active users (MAU) of FunTip was 136.5 million, the consolidated average daily active users (DAU) was 43 million, and the average time spent per DAU was 55.2 minutes per day.
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