Press release -
Strong start for Nextory - increased 69 percent during the first quarter
The book app Nextory is now leaving another strong quarter behind. Now the company reports an increase in the number of paying users of 69 percent after the first three months of the year, compared with the same quarter in 2021.
Nextory's customer base has continued to increase heavily even during the first quarter of the year. The growth has been strong both in the Nordics and in the company's other foreign markets.
– In terms of new users, we have had the best start ever in a new year, and we have seen that our customer loyalty has reached record-high levels. Now we are looking forward to the summer, which is our absolute high season, and of course the rest of the year when we are planning to launch in more countries, says Shadi Bitar, CEO and founder at Nextory.
For more information, please contact:
Carolina Laurén, IR & PR Manager
carolina.lauren@nextory.com
+46 73-316 34 20
Topics
Categories
Nextory is one of Europe's largest streaming services for audiobooks and e-books. The app was founded in 2015 by the serial entrepreneurs Shadi Bitar and Ninos Malki. Since then, the company has developed into a fast-growing platform that enables unlimited distribution of stories and knowledge in various digital formats. Together with the subscribers, Nextory shares a great passion for literature of all kinds and strives to be an independent and natural place where everyone can easily find their next stories. This goes hand in hand with the vision to increase reading around the world to enrich people's lives and thereby contribute to increased well-being, personal development and strengthened democracy. Today, Nextory's catalog contains over 900,000 titles and the app is available in ten markets around Europe, with headquarters in Stockholm. Read more at www.nextory.com.
