Phoenix Publishing and Media Company is one of the largest publishing groups in China. Its subsidiary, Phoenix Publishing and Media Co., Ltd., was listed in the Shanghai Stock Exchange in 2011. The group includes nine publishing houses, 66 chain bookstores, and printing facilities. It has published over 10,000 titles and has a staff of 100,000. In summer 2012, Phoenix launched an office in the United Kingdom.
In 2011, Phoenix-Tangel New Media Co was launched as a spin-off, specializing in digital publications and games, with mother company PP&M holding 51%, and with revenues reported at 80 million CNY in its first year of operations.
In 2009, Phoenix signed an agreement on a 50-50 joint venture with Hachette Livre, branded Hachette Phoenix Cultural Development.
Yilin Press, an imprint of Phoenix, started a partnership with Compendium Publishing Ltd. In the United Kingdom.
Founded in 2001 and initially known as Jiangsu Publishing Group, the company changed its name to Phoenix Publishing & Media Group in 2004.