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On May 1 this year, Ximalaya publicly submitted an IPO application to the SEC. The prospectus shows that in 2020, Ximalaya’s operating income was 4.05 billion yuan ($628 million), a year-on-year increase of more than 50%. In the first quarter of 2021, the company’s operating income was 1.16 billion yuan, a year-on-year increase of over 65%. In terms of user data, as of the first quarter of 2021, there were 250 million monthly active users of Ximalaya products, including 104 million monthly active users of the Ximalaya app and 146 million monthly active users of IoT products and other third-party open platforms. SEE ALSO: Faced with Possible Effects of Didi App Removal, Chinese Companies Keep, Ximalaya and LinkDoc Cancel IPO Plans in USĪccording to its official website, Shanghai Ximalaya Technology Co., Ltd., established in 2012, is a leading online audio sharing platform in China. In 2020, Ximalaya had 5.2 million active content creators.Audio streaming platform Ximalaya announced a strategic partnership with Pottermore Publishing on Tuesday, which will give it the rights to Chinese audio recordings of “Harry Potter.” Its online audio services have covered rich content enjoyed by users at different ages, and accumulated 280 million pieces of audio content spanning 100 categories.

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With this cooperation, Ximalaya will present the full Chinese version of the Harry Potter book series.

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From June 21, the first book in the series – Harry Potter and the Sorcerer’s Stone – will become available on Ximalaya, and the remaining six books will follow one after another in the future. Meanwhile, the seven English audiobooks of the Harry Potter series will also go online on Ximalaya on June 21, bringing more choices for listeners.

Ximalaya is a popular online audio sharing platform in China. In 2021, monthly active users reached 268 million. It boasts rich experience in content production and channel distribution. Richard Drew/Associated Press LinkDoc has suspended plans for a US IPO, the first to do so after Beijing's crackdown, Reuters reported.

Pottermore Publishing is a global digital publisher of Harry Potter, the Fantastic Beasts series, and other audiobooks and e-books within the fantasy genre. The Alibaba-backed medical-data firm, which filed for its. Harry Potter is one of the best-selling book series in history. Today, the Harry Potter has been translated into more than 80 languages, won numerous awards and sold more than 500 million copies worldwide. Harry Potter series was introduced into China in 2000. This time, Ximalaya will work with Voicegem, a top Chinese dubbing institute. SEE ALSO: Chinese Digital Audio Platform Ximalaya Launches Audio Drama Based on League of Legends Excellent voice actors are invited to perform, and through superb dubbing, fine production and rich sound effects, the original Harry Potter is vividly restored, bringing listeners a deep listening enjoyment. In the future, Ximalaya will give full play to its advantages in the audio field, continuously introduce high-quality IP and produce more excellent audio works.

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