ReadON and LINE NEXT reach strategic cooperation

ReadON and LINE NEXT announce strategic cooperation. This cooperation covers many aspects such as digital collections, digital e-commerce and co-creation of Web3 business models. Both parties will work together to develop Asian markets including Japan and South Korea. Previously, ReadON officially joined DOSI, a digital e-commerce platform operated by LINE NEXT, on January 23 and became its important partner. The joint products of both parties were sold out within 30 minutes for four consecutive days. Following this, the two parties announced that they will launch the joint sale of the second season products on February 21. At that time, users can purchase a series of digital collections including DOSI Catto through the official ReadON store. LINE NEXT is a company under LINE dedicated to developing and expanding the Web3 ecosystem. In December 2023, it received an investment of US$140 million from a consortium led by private equity firm Crescendo Equity Partners. LINE NEXT aims to use the funds raised to expand its global presence and develop new services as part of its plan to popularize the Web3 ecosystem. ReadON is committed to building a decentralized content ecological layer in the Web3 field. Its content services have provided efficient and high-quality content to more than 100 project parties, including OKX Web3 Wallet. ReadON's content application ReadON DAO has exceeded 1 million users. (PR Times)