# Mangatoon: A Manga Reader App Revenue Details
Mangatoon is a world-renowned manga reader app that has been providing avid readers with the best of manga and comics for several years. It is a popular choice for manga lovers around the world who wish to stay updated with the latest manga series and comic books. The app is known for its user-friendly interface, vast collection of comics, and impressive revenue figures. In this article, we discuss the revenue details of Mangatoon in detail.
## Introduction to Mangatoon
Mangatoon is a mobile application that provides readers with access to an extensive collection of manga and comic books. It has an extensive collection of comics that attract a considerable number of readers globally. Launched in 2016, Mangatoon is developed by MangaToon Group, a company based in China with branches around the world. The app is available on both iOS and Android devices, making it accessible to manga fans across the globe.
## Revenue Sources for Mangatoon
Mangatoon generates revenue through various streams which include the following:
– Subscription Revenue: Mangatoon offers various subscription plans to readers, which generate significant revenue for the company. Subscription plans include monthly, quarterly, and annually, with the annual plan attracting the highest revenue currently.
– In-App Purchases: Mangatoon offers in-app purchases of various manga and comic books. Readers can purchase certain chapters or the entire series of their favorite comics. This revenue stream is a significant contributor to the company’s overall revenue.
– Advertising Revenue: The app also features advertising to generate additional revenue. Ads are displayed within the app, and advertisers pay to advertise their products or services on the platform.
## Mangatoon Revenue Figures
From the revenue streams mentioned above, Mangatoon has generated significant revenue over the years. The following are some of the revenue figures for Mangatoon:
– As of January 2021, the app had grossed over 100 million revenue, with a considerable portion of this revenue coming from subscriptions.
– In 2020, the app reportedly generated over $30 million in revenue, a testament to its popularity among manga fans worldwide.
– Mangatoon is ranked as the top-grossing comic app in various countries, including the United States, Canada, Australia, and the United Kingdom.
Over the years, Mangatoon has consistently proved to be one of the most popular manga reader apps with a considerable user base globally. With its vast collection of comics and user-friendly interface, the app attracts considerable subscription revenue, making it one of the top-grossing comic apps globally. As the manga and comic book industry continues to grow, Mangatoon is poised to continue generating impressive revenue figures in the coming years.