Chapter II / Habit after midnight
Slide 09

Readers do not leave at once; they stop returning after dusk.

late return rate
67.8%
of retained members opened a second story after 9 pm within seven days.
+18.4 pts YoY
Evening reading predicts paid renewal
returning readers single-session readers
80% 70% 60% 50% 40% 67.8% renewal likelihood with a second evening visit May Jun Jul Aug Sep Oct