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Shenzhen Lazy Online Technology runs an audio reading platform in China with audiobooks, host training and community features for listeners.
Shenzhen Lazy Online Technology Co., Ltd. was founded in 2012 in Shenzhen and runs an audiobook platform with a large catalog across genres, listening services, host training and community features. It reports over 300 million registered users and works with original authors, professional voice actors and publishers. Revenue comes mainly from VIP subscriptions for premium content and licensing agreements. Tencent Music Entertainment Group acquired the company in January 2021 for RMB 2.7 billion; it was previously backed by Qingsong Fund and others. Founder Bin Song has prior ventures.
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