Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

App · Global (China-origin)

FreeReels

Key facts

Operator / parent
Kunlun Tech (昆仑万维), SZSE 300418
Origin
China
Headquarters
Beijing
Launched
December 2024
Category
App · Global (China-origin)

FreeReels is the free, advertising-funded microdrama app of the Shenzhen-listed Kunlun Tech, launched in December 2024 alongside the company's paid app DramaWave. It concentrates on South-East Asia, chiefly Indonesia and the Philippines, and on Latin America. Kunlun reports its revenue and users together with DramaWave rather than separately. Some research vendors list the app as DramaReels.

Reported figures

MetricFigureBasisSource
RevenueReported combined with DramaWave; not broken out.no basis given—
Downloadsmore than 100m cumulative by Q1 2026; first among free apps by downloads. DataEye's H1 2026 leaderboard puts it above 218m, and the two vendors' counts are not reconciledestimateSensor Tower
Daily active userscounted within the 80m reported jointly with DramaWave; more than one hour a day per usercompanyKunlun Tech

Profile

Markets
South-East Asia-led, chiefly Indonesia and the Philippines, plus Latin America.
Content
Free, advertising-funded sibling funnel to DramaWave.
Genres
Romance, family.
Monetisation
Free with in-app advertising.