Kodansha, Shueisha, Shogakukan Invest in the MyAnimeList Website

Kodansha, Shueisha, and Shogakukan, the ultimate big three publishers of the manga industry, will now back MyAnimeList.

The website has a massive collection of information about anime and thorough lists, and this funding will help it grow even more. We cannot wait at all for the app to upgrade even more and launch some much-needed features that will increase interaction with the user.

MyAnimeList announced a few days back that Kodansha, Shueisha, and Shogakukan will be investing in their website through a third-party allotment. The website will issue new shares that will increase MAL’s worth by $11.33 million.

Media Do, the parent company of MAL, and the Japanese investors will underwrite half of the amount raised. The raised fund will be used to expand the platform even more for users.

The features that MAL wants to focus on currently are: “Speed and support advanced UI/UX features, multi-language support for databases and user lists, iOS, and Android application improvements, and user communication tool enhancements according to them.”

MAL will invest its funds and expand its platform to provide a smoother experience to both new and returning users. Strengthening the connection between the Japanese content holders and the consumers will also be a significant step in its improvement which will be really good.

MyAnimeList not only keeps track of anime but also manga, manhua, dojinshi, and Korean, and Chinese animations. Users can track how many anime they have watched and submit reviews for them. It also has embedded more than 20,000 episodes from Crunchyroll and Hulu.

The website opened a digital manga store in partnership with Viz Media and Kodansha in March 2018 as per Wikipedia. MAL also incorporates its content ratings into HIDIVE since September 2019.

About MyAnimeList

MyAnimeList, often abbreviated as MAL, is an anime and manga social networking and social cataloging application website run by volunteers. The site provides its users with a list-like system to organize and score anime and manga.

It facilitates finding users who share similar tastes and provides a large database on anime and manga. As of 2008, the site claimed to have 4.4 million anime and 775,000 manga entries. In 2015, the site received 120 million visitors a month. The site was launched in November 2004 by Garrett Gissler and maintained solely by him until 2008 but later sold to other enterprises.