WebNovel, under Yuewen Group (China Literature Ltd.), is a global online literary creation and reading platform. It was publicly listed on the Hong Kong Stock Exchange in 2017.

The platform announced a new brand proposition 'Read Your Adventures' as a part of its brand upgrade at the 75th Frankfurt Book Fair in 2023. WebNovel nurtures about 380,000 online writers globally, has released around 560,000 original works, and has accumulated over 200 million visits, covering more than 200 countries and regions. Approximately 40% of the award-winning works at the Webnovel Spirity Awards have undergone intellectual property development in forms like audio, animation, and film, with collaboration teams from countries including the United States, the United Kingdom, India, and Thailand【7†source】【8†source】【9†source】.

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