Webnovel in China is a multi billion dollars business. They are now expanding to English language. Just to give an example of how big it is in China:
From this article on Publishing Perspectives:
Quote:
In fact, there are now so many web-writers in China (in the millions) that they are now "ranked," both by their earnings and number of fans.
On the lowest level is the ordinary writer, also "known as poor guy (or poor guy writer)." They have a limited number of fans, and their work is seldom recommended to others. Their annual income is around 1,000 yuan.
Next up are the Xiaoshen (low rank god) writers with a fan base of more than 100,000 and annual earnings of more than 100,000 yuan ($16,100).
One step further up the ladder are the dashen (super god) class of writers with earnings of more than 1 million yuan ($161,200) with fans counted in the millions as well.
At the very top of the tier are the 20-30 web writers known as platinum authors or zhigaoshen (the Supreme God) class of writers. The 2014 Chinese web-writers list ranks Tangjiasanshao first, with earnings of 50 million yuan (around $8.06 million) per year from royalties, while second and third on the list both raked in more than 25 million yuan ($4.03 million) each.
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They are translating many of the most popular novels in China to English.
This thread is for recommendations for the novels on there.