Readly

Readly AB

Company type	Public
Traded as	Nasdaq Stockholm: READ
Founded	2012; 13 years ago (2012)
Founder	Joel Wikell
Key people	Philip Lindqvist (CEO)
Owner	Readly AB
Website	readly.com

Readly AB is a Swedish digital newspaper and magazine subscription service with content from over 1200 third-party publishers, available via browser and mobile app for a monthly fee.[1]

History

Readly was founded in 2012 by Joel Wikell.[2][3]

Readly launched in the United Kingdom in 2014[4] and thereafter in Germany 2015,[5] In 2016, Readly discontinued its eBook service.[6]

In 2018, Readly expanded to the Netherlands,[7] Italy 2019,[8] and Australia and New Zealand in 2020.[9]

In September 2020, Readly listed its shares on Nasdaq Stockholm Midcap.[10][11]

In March 2021, Joel Wikell, the founder of Readly, left the board of directors.[12] In November 2021, Readly acquired Toutabo SA, the French editor of the digital newsstand ePresse.[13]

In May 2023, Philip Lindqvist was appointed as the new CEO.[14]

References

1. Rowe, Adam. "Readly UK". Forbes.
2. Nilsson, Patricia (2019-10-07). "Sweden's Readly vies with Apple to be the Spotify of magazines". Financial Times. Retrieved 2023-09-23.
3. "Readly has become the leader in digital magazine subscriptions". The CEO Magazine. Retrieved 2021-02-22.
4. "Readly app launches in UK with 120 magazines". The Independent. 2014-03-28. Retrieved 2021-03-17.
5. "Swedish subscription magazine service Readly takes in €13.3 million". Tech.eu. 17 May 2017. Retrieved 2021-03-17.
6. CarlssonText, Sven (April 26, 2016). "Sparkad Readly-chef går lottlös ur rättstvist". Dagens industri.
7. "Readly expands its operations in Europe and enters the Netherlands". FIPP. 2018-12-10. Retrieved 2021-03-17.
8. Loritz, Mary (2019-06-19). "Swedish magazine subscription app Readly raises €15 million". EU-Startups. Retrieved 2021-03-17.
9. Blackiston, Hannah (2020-04-15). "'All you can read' magazine app Readly launches in ANZ with Bauer Media and Next Media onboard". Mumbrella. Retrieved 2021-03-17.
10. "Positiv börsdebut för omskakat Readly". September 17, 2020 – via www.svd.se.
11. "Positiv börsdebut för omskakat Readly". Smålandsposten. September 18, 2020.
12. DigitalText, Di (March 29, 2021). "Readlys grundare lämnar styrelsen". Dagens industri.
13. "Readly köper fransk tidningstjänst". October 6, 2021 – via www.svd.se.
14. "Ny vd för Readly utsedd". May 30, 2023 – via www.svd.se.

External links

• Readly's official website