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    Readly secures €15 million in new funding

    London 19 June 2019: Readly, the European category leader in digital magazine subscriptions, today announced that it has completed a €15 million investment round, led by the Third Swedish National Pension Fund (“AP3”), London based Zouk Capital, and Swedbank Robur, with participation from other existing and new investors. Since the Company was founded in 2012, Readly has pioneered the market for digital magazine subscriptions by providing its users with unlimited access to local and international high-quality content from well-renowned publishers both in the UK and globally. With a

    Readly raises €13m Series B

    Stockholm, Sweden: 17 May 2017: Readly, the digital magazine newsstand, today announced it has raised €13m in additional funding to drive the next stage of its development. The series B funding comes from Zouk Capital and Hermes GPE as well as from existing shareholders. In addition, Channel 4’s Commercial Growth Fund and Aggregate Media Fund also participated in the round. The company will use the funds to further its international expansion and support growth in its existing markets. “With the smartphone and tablet at the heart of providing entertainment and education, it is

    Digital magazine sales booming with Readly

    Readly, the digital magazine newsstand, has delivered a dramatic 147% year-on-year rate of growth for the first half of 2016, clearing over 2.5m issues read. Between January and June 2016, Readly subscribers opened 2,535,276 issues of UK magazine brands.This is 147% up on the 1 million figure seen in the January to June 2015 period. Over the same period, digital edition sales as recorded by ABC have jumped by 69% and now account for 3.4% of total copy sales volumes, up from 1.4% in 2015. Ranj Begley, Readly UK’s Managing Director, said:“The latest ABC figures show that digital

    READLY TO CHANGE THE GAME IN UK DIGITAL MAGAZINE PUBLISHING

    London, February 13[th] 2014: Dubbed as “The New Way to Read”, Readly announces its official entry into the UK today with backing from the publishing industry. The digital app, offering an “all-you-can-read” magazine service, will give consumers unlimited access to as many magazines as they want from a wide range of global publishers for a low subscription of just £9.99 per month. Having launched successfully in 2012 in its home market of Sweden and in the USA last year Readly will roll out to UK consumers in March and globally through the rest of the year. With a deep understanding

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