Local news broke that Duokan, a Beijing-based e-reading app maker has received US$ 10 million from China’s well-known angel Leijun among other investors including Xu Xiaoping and MorningSide Ventures.

Founded in 2010, with Leijun and Xu Xiaoping, founder of ZhenFund and a well-respected Chinese angel sitting on its board, Duokan earned its early fame through making application for Amazon Kindle in China. Yes, you read it right, even though Kindle hasn’t been made available officially in China, Chinese managed to buy tons of Kindle from grey market or by asking their friends to bring back the device from overseas.

One might speculate that, what makes Kindle attractive is the solid converge of the hardware and the Kindle bookstore. Since the bookstore isn’t available in China, what do Chinese people buy Kindle for?

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.