Founded in 2002 by a Chinese fantasy (xuanhuan) community, the site was acquired by Shanda in 2004, but is now part of China Reading Group.
In May 2002, the Chinese Magic Fantasy Union founded Qidian, with the initial goal of promoting online literature and building a community of fantasy enthusiasts.
[2] At the end of 2014, Shanda announced the sale of the Cloudary Corporation.
All of Shanda's online fiction sites are now owned by China Reading Group.
Many writers will abandon their novels before the narrative is concluded, for reasons that include creative exhaustion, lack of energy, unpopularity of the story, and over-criticism.