Skip to content
Nextory's customer base continues to grow - revenues have increased by 76 percent

Press release -

Nextory's customer base continues to grow - revenues have increased by 76 percent

The book service Nextory has left another strong quarter behind. This year, the company's revenues have so far increased by 76 percent compared to the same nine months last year. Thereby, Nextory continues its rapid growth and has once again broken a new record of new subscribers during one month.

Nextory's customer base has continued to grow rapidly during the third quarter of the year and the growth has been strong both in Sweden and in the company's foreign markets. In July, the company also set a new record in new subscribers during one month. Also, the number of new customers increased by as much as 81 percent during July, August and September compared to the same quarter last year.

– We are leaving a fantastic summer behind us. More people than ever before have started reading and listening to books in our app. Now we have also seen that more people over the age of 55 have started subscribing to Nextory, which we are delighted to see. At the same time, a lot of children are continuing to discover the world of books with the help of our app. One of the categories that has increased in popularity at Nextory is interactive children's books, where you can read and listen at the same time, says Shadi Bitar, CEO and founder of Nextory.

Topics

Categories


Nextory is a subscription service for audiobooks and ebooks that was founded in 2015 and the app is launched in several European countries. Nextory's vision is to increase reading by creating richer reading experiences. They make books more available to give you a richer life. No matter what you need, feel, or wonder there's a book for it. Try for free during 14 days at www.nextory.com.

Contacts

Related content

  • Nextory continues to grow fastest among the Swedish streaming services

    Nextory continues to grow fastest among the Swedish streaming services

    ​The book service Nextory's total revenues increased by 95 percent during the second quarter of the year compared to the same period last year. Thereby, Nextory continues to grow the fastest among the Swedish streaming services for digital books. In June, the company also hit a record with the highest amount of new users during one month.

  • Nextory raises SEK 165 million for continued expansion in Europe

    Nextory raises SEK 165 million for continued expansion in Europe

    Nextory is raising new funds to finance its rapid growth and continued international expansion. A total of SEK 165 million is now being added to the company. CNI and Erik Selin are among the new owners. Several existing investors are also investing, such as Industrifonden and Acacia.