We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
Back in early 2016, Li Xiang was just another overworked magazine editor in Beijing. Then along came an opportunity to produce a business newsletter on a brand-new app called De Dao. In just a few months that app attracted millions of users looking for daily advice and to learn everything from music to economics. Within months, Li had close to 100,000 subscribers paying about $30 a year — which works out to almost $3 million in annual revenue. —
Tags:
China,
De Dao,
paid content,
subscribers