About lrts.me
lrts.me is a Media & Entertainment company based in Shenzhen (China) founded in 2011, and was acquired by Tencent Music in January 2021. Audio books platform. lrts.me has raised $30.74 million across 3 funding rounds from investors including Tencent Music, Times Publishing Media and CoStone Capital. Its website lrts.me draws about 230 thousand monthly visits. Its focus areas include Book Tech and Audio Books.
Company details
lrts.me offers an online platform and a mobile app to listen to various audio books that are there on its platform. Claims that it has exceeded 100 million users. Ranked 84 in the Top 100 mobile apps of China. Earns revenue through premium memberships. VIP members can download unlimited numbers of books and enjoy services with out Ads. Freelance anchors can contribute and earn money by converting the books to audio books.
- Headquarters Shenzhen, China
- Stage Acquired
- SectorsMedia & Entertainment
- Website category Arts and Entertainment
- Website lrts.me
- Acquired by Tencent Music (Jan 2021)
- Total Equity Funding$30.74M (USD)
in 3 rounds
- InvestorsTencent Music
& 5 more
- Acquired byTencent Music
(Jan 2021)
Funding Insights of lrts.me
lrts.me has successfully raised a total of $30.74M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $30.74M
- Total Rounds 3
- Investors Count 5
All 3 funding rounds of lrts.me with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | Series C | – | CoStone Capital | ||
| Jun 2018 | $30.74M | Series C | – | – | |
| Jan 2012 | Series B | – | – |
6 investors in total: 6 institutional.
Investors in lrts.me
lrts.me has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent Music, Times Publishing Media and CoStone Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| stonevc.com | ||||
Investments in tech startups are provided by CyberAgent Capital. | cyberagentcapital.com | Tokyo, Japan | ||
A fund of funds investing across multiple sectors for diversified portfolios. | 2016 | 3qcapital.com | Chaoyang, China | |
| fuhuicvs.com | ||||
China-based publishing company | 2008 | press-mart.com | Hefei, China | |
Recording music, live music, audio, and video services are provided. | 2016 | tencentmusic.com | Shenzhen, China |
Investor details for lrts.me
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of lrts.me
4 dated milestones of lrts.me across 10 years, from founding to its latest funding, stage changes and deals.
- Founded lrts.me is founded.
- Funding First funding round.
- Funding Latest funding round, Series C,.
- Exit Acquired by Tencent Music.
Web traffic of lrts.me
The website of lrts.me (lrts.me) receives about 229.6K visits a month and ranks #226,426 among all websites worldwide, #1,961 in Arts and Entertainment.
- Monthly visits229.6K
▲ 16.6% vs previous month
- Unique visitors91.7K
per month
- Global rank#226,426
among all websites
- Category rank#1,961
Arts and Entertainment · Arts and Entertainment
- Bounce rate47%
- Pages per visit2.1
- Average visit1 min 12 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with lrts.me. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ximalaya.com | 100% | 5M | #13,688 | View details | |
6yueting.com | 6yueting.com | 86% | #3,010,823 | – | |
yuetingba.cn | yuetingba.cn | 76% | #252,938 | – | |
ysts.cc | ysts.cc | 75% | #2,489,423 | – | |
itingshu.net | itingshu.net | 75% | #74,074 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for lrts.me
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about lrts.me
lrts.me was founded in 2011 and raised its 1st funding round 1 year after it was founded.
lrts.me is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
lrts.me is a funded company, having raised a total of $30.74M across 3 funding rounds to date.
lrts.me offers an online platform and a mobile app to listen to various audio books that are there on its platform. Claims that it has exceeded 100 million users. Ranked 84 in the Top 100 mobile apps of China. Earns revenue through premium memberships. VIP members can download unlimited numbers of books and enjoy services with out Ads. Freelance anchors can contribute and earn money by converting the books to audio books.
lrts.me has 6 investors. Key investors include Tencent Music, Times Publishing Media, CoStone Capital, 3Q Capital, and Fu Hui.
Yes. lrts.me was acquired by Tencent Music in January 2021.
The website of lrts.me receives about 230 thousand visits a month and ranks #226,426 among all websites worldwide.