How many pay-per-chapter platforms are there?

Customers already pay 17. They include GoodNovel, Dreame.

How much do pay-per-chapter platforms make?

Typical revenue is $60M a year. Across the 17, revenue runs from $3.0M to $570M.

When were pay-per-chapter platforms founded?

Typically in 2014. The newest started in 2020.

Opportunities › All markets › Pay-Per-Chapter Platforms

Pay-Per-Chapter Platforms

Customers already pay 17 companies here.

Checked Jul 2026

Players: 17
Typical revenue: $60M
Typically founded: 2014
Trends Score: 17

Trends Score rates how good a market is for someone starting now, out of 100.

One pay-per-chapter platform makes $570M a year. See which one.

Every company here, with what it earns.

What these companies do

🔍 Problem

A novel takes a year to write and pays once, at the end, if it sells. The biggest webnovel platform alone has 400 million readers paying chapter by chapter, most of them on phones. You write for a year before you learn if anyone wants it.

💡 Solution

Serialized fiction apps sell stories chapter by chapter: free opening, coin unlocks at the cliffhanger, daily updates and AI translation putting each story in every language at launch.

💎 Why It Matters

Per-chapter fiction is heading toward $22.4B. AI translation already moves a third of the biggest platform's revenue. The chapter is becoming publishing's growth unit.

From Trends.vc #0169: Serialized Fiction Apps

Who's in it

Showing 17 of 17

Company	Revenue	Founded
GoodNovel	$96M	2020
Dreame	$42M	2018
Webnovel (Yuewen Group)	$570M	2017
iReader	$457M	2008
Pocket FM	$450M	2018
Jinjiang Literature City	$203M	2003
RIDI	$180M	2008
Inkitt	$98M	2013
Munpia	$61M	2012
Wattpad	$60M	2006
Tapas	$52M	2012
Wuxiaworld	$18M	2014
AnyStories	$11M	2019
Joara	$6.2M	2000
MoboReader	$5.5M	2017
Bravonovel	$5.0M	2019
NovelToon	$3.0M	2019

147 more companies make over $10M a year. See who they are.

Every company in every market, with what it earns.

A pay-per-chapter platform started in 2018 now makes $450M a year.

Every company here, with what it earns.

What they earn, and when they started

Under $10K0

$10K to $100K0

$100K to $1M0

$1M to $10M4

$10M and up13

2010 or earlier5

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Questions

How many pay-per-chapter platforms are there?: Customers already pay 17. They include GoodNovel, Dreame.
How much do pay-per-chapter platforms make?: Typical revenue is $60M a year. Across the 17, revenue runs from $3.0M to $570M.
When were pay-per-chapter platforms founded?: Typically in 2014. The newest started in 2020.