Net profit of Blendle 2016-2017

This statistic shows the net profit of online news kiosk Blendle in 2016 and 2017 (in million euros). Blendle is an online journalism startup from the Netherlands, which models itself as the "iTunes of news". It offers access to popular news stories from a variety of newspapers and magazines on a pay-per-article basis through an online platform and an app on iOS or Android. The company started in 2014, originally aiming for the Netherlands and Germany, and began partnering with major U.S. publishers in 2016. The service also lists several Belgian newspapers and magazines as well as a few newspapers and magazines from English-speaking countries, such as the UK's Daily Telegraph.

Blendle does not openly publish its annual reports. The source mentions that the company made of 2.8 million euros in 2017, which is a decrease compared to the previous year. Equity, however, increased from a negative one million euros in 2016 to minus 400,000 euros at the end of 2017 due to investments from Dutch investor Inkef and Japan's Nikkei. In 2018, Blendle received another investment of four million euros.

Net profit of online news kiosk Blendle in 2016 and 2017

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Sources

Release date

January 2019

Region

Worldwide, Netherlands

Survey time period

2016 and 2017

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